ETH Spot ETFs Witnessed a Net Inflow of $96.9 Million on Tuesday
CryptoNewsTerminal Staff06 Aug, 2024
ETH Spot ETFs Witnessed a Net Inflow of $96.9 Million on Tuesday
Farside Investors data reveals that US spot ETH ETFs experienced a collective net inflow of $96.9 million on February 6. BlackRock's ETHA led the pack with a net inflow of $108 million, while Grayscale's ETHE saw a net outflow of $39.7 million. Fidelity's FETH and Grayscale's ETH received net inflows of $22.5 million and $4.7 million, respectively. The remaining ETFs tracked by Farside Investors did not experience any significant net inflows or outflows on Tuesday. These figures indicate continued interest in ETH-based investment products among institutional and retail investors, despite the recent market volatility.
