Ethereum ETF flows flip positive even as ETHE total outflows top $2B
Ether ETFs posted a net inflow of $28.5 million on Aug. 1, with inflows into BlackRock’s fund outpacing outflows from Grayscale’s Ethereum Trust.
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Ether ETFs posted a net inflow of $28.5 million on Aug. 1, with inflows into BlackRock’s fund outpacing outflows from Grayscale’s Ethereum Trust.
The “newborn” eight ETFs didn’t manage to outrun the $327 million of outflows from Grayscale’s recently converted Ethereum Trust.
The newly launched spot ETH funds posted positive net inflows despite being weighed down by $485 million of bleeding from Grayscale’s Ethereum Trust.
ETF analyst Nate Geraci says there’s no “good reason” for spot Ethereum ETFs not to launch this week.
