ETH Spot ETF: Net Outflow of $98.3 Million Noteworthy

IconCryptoNewsTerminal Staff29 Jul, 2024

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ETH Spot ETF: Net Outflow of $98.3 Million Noteworthy

ETH spot ETFs in the US witnessed a significant net outflow of $98.3 million on the 29th. Grayscale's ETHE led the outflows with a net outflow of $210 million, while its mini ETF 'ETH' recorded a net inflow of $4.9 million. Other noteworthy inflows were recorded by BlackRock ETHA and Fidelity FETH, with net inflows of $58.2 million and $24.8 million respectively. VanEck ETHV also saw an inflow of $10.9 million. These net outflows and inflows indicate investor sentiment and market dynamics.