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Six Ethereum Spot ETFs Display A Neutral Outflow, Grayscale’s “ETHE” Loses $42.5 Million!

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By on August 16, 2024 Altcoin, Bitcoin, Regulations, Trading, Web3
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The post Six Ethereum Spot ETFs Display A Neutral Outflow, Grayscale’s “ETHE” Loses $42.5 Million! appeared first on Coinpedia Fintech News

Reportedly, over the past 24 hours, only 2 out of 9 ETH ETFs have recorded a positive inflow. Fidelity’s “FETH” recorded the highest inflow of $2.5 Million, followed by Blackrock’s “ETHA” with $0.8 Million. Notably, 6 out of 9 ETFs which are Bitwise, 21 Shares, Invesco, VanEck, Franklin, and Grayscale’s “ETH” have recorded a neutral flow. On the other hand, Grayscale’s “ETHE” has recorded an outflow of $42.5 Million during this time. With this, the total outflow for the day stood at -$39.2 Million.

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