Ethereum

Reported by The Block: The spot ether ETFs experienced net outflows of $98.29 million on Monday. Grayscale’s ETHE recorded $210 million in net outflows.
The nine U.S. spot Ethereum exchange-traded funds saw $98.29 million flow out of the products on Monday, extending their negative flow streak to the fourth day.
The Grayscale Ethereum Trust (ETHE) was the only one recording outflows among the ether funds, with $210.04 million in net outflows, according to data from SosoValue. The ETF has experienced hundreds of millions of dollars worth of outflows every day since its debut last Tuesday.
BlackRock’s ETHA led the pack of inflows with $58.17 million in net inflows, followed by Fidelity FETH’s $24.82 million, VanEck ETHV’s $10.91 million and Bitwise ETHW’s $10.45 million in net inflows.
Grayscale Ethereum Mini Trust also recorded $4.9 million in net inflows, while Franklin’s EZET logged $2.52 million. The two other spot ether ETFs managed by Invesco and 21Shares saw zero flows on Monday.
The total daily trading volume of the spot ether ETFs amounted to $773.01 million on Monday, compared to $933.86 million on Friday and $955.85 million on Thursday, according to the data.
Meanwhile, the 11 spot bitcoin ETFs in the U.S. experienced $124.13 million in net inflows on Monday. BlackRock’s IBIT recorded net inflows of $205.62 million, making it the only fund to record net inflows on the day.
Grayscale GBTC logged $54.29 million in net outflows, while Bitwise’s BITB saw $21.3 million flow out of the fund and Fidelity’s FBTC recorded $5.89 million in net outflows.
The total trading volume of the spot bitcoin ETFs was higher on Monday, reaching $2.68 billion compared to $2.04 billion on Friday and $1.51 billion on Thursday.

US spot Ethereum ETFs saw $98.3 million in net outflows, extending negative flow streak

TokenInsight

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