US ETH Spot ETFs Witness Net Inflows, Grayscale ETHE Records Outflows
CryptoNewsTerminal Staff13 Sep, 2024
US ETH Spot ETFs Witness Net Inflows, Grayscale ETHE Records Outflows
The US Ethereum spot exchange-traded funds (ETFs) saw net inflows of $1.5 million on Monday, according to data from financial information platform Farside Investors. BlackRock ETHA witnessed inflows of $3.7 million, while Bitwise ETHW reported inflows of $5.2 million. However, Grayscale ETHE faced net outflows amounting to $7.4 million. The remaining ETFs in the sector did not experience any significant inflows or outflows. These figures highlight the dynamic nature of the cryptocurrency market and the varying investor sentiment towards different Ethereum-related investment products.
