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Ethereum ETF Experiences A Significant Outflow Despite Increased Inflows!

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By on July 27, 2024 Altcoin, Bitcoin, Regulations, Trading, Web3
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The post Ethereum ETF Experiences A Significant Outflow Despite Increased Inflows! appeared first on Coinpedia Fintech News

On 26th July, 5 out of 9 ETH ETFs recorded a positive inflow, with Blackrock’s “ETHA” recording the highest inflow with $87.2 Million, followed by Grayscale’s “ETH” with $44.9 Million, and Fidelity’s “FETH” with $39.3 Million. Bitwise and Franklin recorded an inflow of $16 Million and $6.2 Million. Notably, 21 Shares, Invesco, and VanEck have recorded a neutral flow. However, Grayscale’s “ETHE” has recorded an outflow of over $300 Million for the 4th consecutive day. With this, the total outflow for the day stood at $162.7 Million.

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