$98.3 million in net outflows were observed in US spot Ethereum ETFs
On Monday, the spot ether ETFs experienced a net outflow of $98.29 million. Grayscale’s ETHE experienced a net outflow of $210 million.
Exchange-traded funds experienced a $98.29 million outflow from their products on Monday, extending their negative flow sequence to four days.
According to data from SosoValue, the Grayscale Ethereum Trust (ETHE) was the sole ether fund to register outflows, with a net outflow of $210.04 million. Since its inception on Tuesday of last week, the ETF has encountered daily outflows totaling hundreds of millions of dollars.
BlackRock’s ETHA garnered the most inflows, totaling $58.17 million in net inflows. Fidelity FETH, VanEck ETHV, and Bitwise ETHW followed with $24.82 million, $10.91 million, and $10.45 million in net inflows, respectively.
Additionally, Grayscale Ethereum Mini Trust reported $4.9 million in net inflows, while Franklin’s EZET recorded $2.52 million. Invesco and 21Shares’ two additional spot ether ETFs experienced no transactions on Monday.
According to the data, the spot ether ETFs’ total daily trading volume was $773.01 million on Monday, down from $933.86 million on Friday and $955.85 million on Thursday.
On Monday, the 11 premier bitcoin exchange-traded funds (ETFs) in the United States experienced a positive inflow of $124.13 million. BlackRock’s IBIT was the sole fund to register net inflows on the day, with a total of $205.62 million.
Grayscale GBTC saw $54.29 million in net outflows, Bitwise’s BITB saw $21.3 million migrate out of the fund, and Fidelity’s FBTC recorded $5.89 million in net outflows.
The spot bitcoin ETFs traded at a higher volume on Monday, with a total of $2.68 billion, compared to $2.04 billion on Friday and $1.51 billion on Thursday.
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