Ethereum

Flow

Spot

Elon Musk

Nine US spot Ethereum exchange-traded funds (ETFs) recorded a net outflow of $98.3 million on Monday, marking the fourth consecutive day of negative flows. This trend shows that investors' interest in these products continues to decrease.
<h2 id="us-spot-ethereum-etfs-extend-negative-streak-with-net-outflow-of-98-3-million">US Spot Ethereum ETFs Extend Negative Streak with Net Outflow of $98.3 Million</h2>
Among funds, Grayscale Ethereum Trust (ETHE) was significantly impacted, with a net outflow of $210.04 million, according to SosoValue data. ETHE has consistently seen significant outflows since its launch last Tuesday.
In comparison, BlackRock's ETHA led inflows with $58.17 million, followed by Fidelity's FETH with $24.82 million, VanEck's ETHV with $10.91 million, and $10.45 million. followed by Bitwise's ETHW with the dollar.
Additionally, Grayscale Ethereum Mini Trust reported net inflows of $4.9 million, while Franklin's EZET saw $2.52 million. There was no activity on Monday in two other spot ether ETFs managed by Invesco and 21Shares.
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Meanwhile, US spot Bitcoin ETFs showed an opposite trend on Monday, with net inflows of $124.13 million. BlackRock's IBIT was the standout performer, recording net inflows of $205.62 million, making it the only spot Bitcoin ETF to see positive net flows on the day.
In comparison, Grayscale's GBTC experienced a net outflow of $54.29 million, while Bitwise's BITB experienced a net outflow of $21.3 million from the fund and Fidelity's FBTC experienced a net outflow of $5.89 million.
Total trading volume for spot Bitcoin ETFs was significantly higher on Monday, reaching $2.68 billion, compared to $2.04 billion on Friday and $1.51 billion on Thursday.
This activity suggests stronger interest in Bitcoin ETFs compared to their Ethereum counterparts over the same period.
*This is not investment advice.
 Continue Reading: <a href="https://en.bitcoinsistemi.com/negative-flow-in-us-spot-ethereum-exchange-traded-funds-etf-extended-for-four-days-here-are-the-details/" rel="noopener noreferrer nofollow">Negative Flow in US Spot Ethereum Exchange Traded Funds (ETF) Extended for Four Days! Here are the Details</a>

Negative Flow in US Spot Ethereum Exchange Traded Funds (ETF) Extended for Four Days! Here are the Details

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