Ethereum

This past Tuesday marked a notable comeback for Ethereum spot ETFs, showcasing their best performance since early August after a rough patch that left investors feeling a bit underwhelmed. September was particularly tough for these crypto investment products, which struggled to gain traction even amidst some positive market movements.The previous week had seen <a href="https://optimisus.com/news/crypto-news/the-sec-postpones-its-decision-on-options-trading-for-several-ethereum-etfs/" rel="noopener noreferrer nofollow">Ethereum ETFs</a> grappling with their sixth straight week of negative flows, with a staggering $26.26 million in outflows. While Bitcoin ETFs basked in the glow of inflows, Ethereum-based offerings were feeling the heat.The Grayscale Ethereum Trust (ETHE) faced significant outflows, and the new ETFs were barely making waves. In fact, there was a rare lull between August 30 and September 2, where not a single inflow or outflow was recorded across all Ethereum <a href="https://optimisus.com/news/crypto-news/institutional-investors-are-pulling-out-of-ethereum-etfs/" rel="noopener noreferrer nofollow">ETFs</a>—a stark contrast to the vibrant activity seen since the launch of US spot crypto ETFs back in January.Trading volumes for Ethereum ETFs have also been lackluster, plummeting to just 15% of what they were during their launch week. The downward spiral continued into this week, with Monday witnessing a jaw-dropping net outflow of $79.3 million—one of the worst days since these products hit the market. ETHE was at the forefront of this decline, leading the charge with $80.6 million in outflows.However, the tides turned dramatically on Tuesday. Mads Eberhardt, a senior analyst at Steno Research, reported that Ethereum spot ETFs experienced one of their largest positive net flows in months, raking in $62 million.BlackRock&#39;s ETHA spearheaded this recovery, contributing a whopping $59.3 million, while VanEck&#39;s ETHV and Invesco&#39;s QETH added $1.9 million and $1.3 million, respectively.Remarkably, no outflows were recorded for any of the issuers, including Grayscale’s ETHE, marking it as the third-best day for Ethereum ETFs since their inception. It was also a triumphant day for ETHA, its best since August 6.In a related twist, the US Securities and Exchange Commission (SEC) has postponed its decision on options trading for Ethereum ETFs, extending

Ethereum spot ETFs see their best performance since August

Optimisus

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