Spot Ethereum ETF records outflows worth $39 million ending a 3-day inflow streak
Share link:In this post: U.S.-based Spot Ethereum ETFs experienced net outflows worth $39 million on Thursday, ending a three-day streak of net inflows. Grayscale’s ETHE Ethereum ETF continues its outflow streak. U.S. spot Bitcoin ETFs recorded inflows worth $11 million on the same day.
U.S. spot Ethereum ETFs emerged in the spotlight after registering net outflows on Thursday for the first time this week. The funds registered net outflows worth $39 million. On the other hand, Bitcoin ETFs recorded inflows worth $11.1 million.
Ethereum exchange-traded funds (ETFs) recorded outflows for the first time in three days. The three-day positive flow streak was cut short on Thursday, August 15th, when the funds saw net outflows worth $39.21 million.
According to data from Sosovalue, activity occurred on three out of the nine Ethereum funds: Grayscale’s ETF ETHE, BlackRock’s ETF ETHA, and Fidelity’s ETF FETH.
Grayscale’s ETHE Ethereum ETF continues its outflow streak
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