Ethereum

Bitcoin

Spot

<p><strong>Key points</strong>:</p>  
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 <li><em>Ethereum ETF Outflows hit $79.2 million on Monday, with Grayscale’s ETHE recording outflows of $80.5 million.</em></li>  
 <li><em>Spot bitcoin ETFs, meanwhile, experienced modest inflows of $4.5 million on Monday.</em></li> 
</ul>  
<h5 class="wp-block-heading">Ethereum ETF outflows hit $79.21M on Monday, led by Grayscale’s ETHE. Meanwhile, Bitcoin ETFs recorded $4.56M in inflows, extending their three-day streak.</h5>  
<figure class="wp-block-image aligncenter size-large"><a href="https://coincu.com/wp-content/uploads/2024/09/telegram-cloud-photo-size-5-6309687415073259528-y.jpg" rel="noopener noreferrer nofollow"><img src="https://coincu.com/wp-content/uploads/2024/09/telegram-cloud-photo-size-5-6309687415073259528-y-1024x576.jpg" alt="Ethereum ETF Outflows Hit Largest Since Late July in US Markets" class="wp-image-284253"></a>
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<h2 class="wp-block-heading" id="strong-ethereum-etf-outflows-reach-79-million-led-by-grayscale-strong"><strong>Ethereum ETF Outflows Reach $79 Million, Led by Grayscale</strong></h2>  
<p>Ethereum ETF outflows hit $79.21 million on Monday, the largest since July. Grayscale's Ethereum Trust (ETHE) dominated outflows with $80.55 million leaving the fund. For comparison, Bitwise's ETHW saw minor inflows of $1.34 million while the remaining seven saw no activity.</p>  
<p>The nine ETFs also saw higher market activity as the trading volume rose to $167.35 million on the back of this big outflow from Grayscale's fund, according to Sosovalue&nbsp;<a href="https://sosovalue.xyz/assets/etf/us-eth-spot" rel="noopener noreferrer nofollow">data</a>.</p>  
<p class="has-background" style="background-color:#222222"><strong>Read more:<a href="https://coincu.com/242737-revolut-paused-some-crypto-services-by-fca/" target="_blank" rel="noopener noreferrer nofollow"> </a><a href="https://coincu.com/84544-central-bank-russia-allow-trade-crypto/" data-type="link" data-id="https://coincu.com/84544-central-bank-russia-allow-trade-crypto/" target="_blank" rel="noopener noreferrer nofollow">Hong Kong Ethereum ETF Staking Could Be Approved This Year</a></strong></p>  
<h2 class="wp-block-heading" id="strong-bitcoin-etfs-record-4-56m-in-inflows-amid-ethereum-etf-outflows-strong"><strong>Bitcoin ETFs Record $4.56M in Inflows Amid Ethereum ETF Outflows</strong></h2>  
<p>While Ethereum ETFs suffered heavy outflows, spot Bitcoin ETFs continued to attract net inflows with a gain of $4.56 million on Monday. Leading the inflows was Fidelity's FBTC with inflows of $24.93 million and BlackRock's IBIT with $11.54 million inflows.</p>  
<p>However, Grayscale's GBTC lost $40.33 million against these inflows led by the other Bitcoin ETFs. Despite these movements, the total trading volume for the 12 Bitcoin ETFs dropped to $949.72 million.</p>  
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    <td><em><strong>DISCLAIMER</strong>:&nbsp;The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.</em></td>
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Ethereum ETF Outflows Hit Largest Since Late July in US Markets

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