Ethereum ETFs Record $77M in Outflows
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1 August

Ethereum ETFs posted a total of $77.21 million in net outflows yesterday.

The Grayscale Ethereum Trust (ETHE), which has been experiencing outflows every day since its July 23 launch, recorded the largest net outflows of the group on Wednesday, with $133.33 million, according to SosoValue data.

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The Grayscale Ethereum Mini Trust took the top spot for positive flows, with $19.54 million in net inflows. It was closely followed by Fidelity's FETH, which generated $18.8 million in net inflows, while BlackRock's ETHA and VanEck's ETHV posted net inflows of $4.98 million and $4.81 million, respectively.

Meanwhile, Bitcoin ETFs recorded a total of $299,000 in daily net inflows.

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Among spot Bitcoin ETFs, only two, BlackRock's IBIT and Grayscale's Bitcoin Mini Trust, had net inflows with $20.99 million and $18 million, respectively.

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