US Spot Ethereum ETFs Receive $98M
Ethereum ETFs experienced a total daily inflow of $98.3 million.
Ethereum ETFs experienced a total daily inflow of $98.3 million.
Despite a 20% drop in its price, US-listed exchange-traded funds (ETFs) for Ether saw net inflows of nearly $49 million on Monday.
The current number of newly created Ethereum wallet addresses has reached its lowest point this year, likely due to the introduction of spot Ether exchange-traded funds (ETFs) on the US stock market. Data from The Block shows that the seven-day moving average of new Ethereum wallets is currently at its lowest level since December 2020, although it is still higher […]
Ethereum ETFs experienced net outflows of $77.2 million on July 31.
Investment flows into Ethereum exchange-traded funds listed in the United States have turned positive for the first time since their launch day, thanks to a decrease in outflows from the Grayscale Ethereum Trust.
During their first week of operation, spot Ether exchange-traded funds experienced negative net flows.
The outflows from the Grayscale Ethereum Trust ETF (ETHE) have exceeded $1.5 billion, with a single day net outflow of $356 million on July 26.
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financial institution." - Satoshi Nakamoto (Bitcoin White Paper)
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