On Thursday, U.S. spot ethereum exchange-traded funds (ETFs) experienced another day of net outflows following Grayscale’s Ethereum Trust (ETHE) outpacing gains observed by other funds. According to sosovalue.xyz, the nine ETFs saw $ 152.3 million exit during Thursday’s trading sessions. Grayscale ETHE’s Third Day of Outflows Contributes to $ 178M Negative Net Inflow …
2.91 Million ETH Held by 9 Ethereum ETFs: A Reserve Overview
Although the data for Thursday’s ether exchange-traded fund (ETF) performance, concerning inflows and outflows, remains incomplete, it is evident that trade volume was marginally lower than the first two days. The funds currently hold slightly over $ 9 billion in ether, with about 2.91 million ether secured. Ether ETFs Manage $ 9.25 Billion …
US Bitcoin ETFs Draw $44.51M in Inflows; GBTC Sees Another Round of Outflows
While U.S. spot ether exchange-traded funds (ETFs) experienced outflows on Wednesday, bitcoin ETFs saw inflows totaling $ 44.51 million. Blackrock’s IBIT led with gains of $ 65.99 million, followed by Ark Invest’s and 21shares’ ARKB with $ 3.29 million. While Blackrock Captures Nearly $ 66M, Grayscale Outflows Weigh in Again During …
Cryptoquant Report Analyzes Market Impact of New SEC-Approved Ethereum Spot ETFs
On July 23, 2024, the U.S. Securities and Exchange Commission approved the launch of several ethereum (ETH) spot exchange-traded funds (ETFs), marking a significant development in the cryptocurrency market. The latest report from Cryptoquant delves into the implications and insights surrounding this launch, highlighting key factors investors may want to consider. Cryptoquant Analysis Explores Implications […]
US Bitcoin ETFs See $78M Outflow, Breaking 12-Day Inflow Streak
U.S. spot bitcoin exchange-traded funds (ETFs) experienced a downturn on Tuesday, with $ 77.97 million exiting, breaking a streak of 12 consecutive days of inflows. In contrast, the newly launched spot ether ETF counterparts performed better. 3 Bitcoin ETFs Record Outflows as Blackrock’s IBIT Gains $ 71M Following 12 consecutive days of inflows …