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Spot ETH ETFs Record $39.21M Net Outflows On Thursday Breaking 3-Day Positive Streak 

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By on August 16, 2024 Altcoin, Bitcoin, Regulations, Trading, Web3
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The post Spot ETH ETFs Record $39.21M Net Outflows On Thursday Breaking 3-Day Positive Streak  appeared first on Coinpedia Fintech News

US Spot Ethereum ETFs saw $39.21 million in net outflows on Thursday, ending their three-day positive flow streak. The Grayscale Ethereum Trust (ETHE) continued to experience outflows, with $42.52 million exiting the fund. The Grayscale Ethereum Mini Trust (ETH) reported no flows on Thursday. Fidelity’s FETH recorded net inflows of $2.54 million, and BlackRock’s ETHA saw $770,350 flowing into the fund. The other remaining ETFs logged zero flows. However, the spot bitcoin ETFs reported inflows of $11.1 million.

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