US Spot Ethereum ETFs Post $9.03 Million of Net Inflows
Summary
- U.S. spot Ethereum ETFs recorded total net inflows of $9.03 million.
- BlackRock's ETHB led the overall gains with net inflows of $15.38 million.
- Net outflows were recorded in Bitwise's ETHW, Grayscale's ETH, and Fidelity's FETH.
Forecast Trend Report by Period
U.S.-listed spot Ethereum exchange-traded funds recorded net inflows.
Data from SoSoValue showed the 11 U.S.-listed spot Ethereum ETFs posted combined net inflows of $9.03 million on July 31.
BlackRock's ETHB led the gains with $15.38 million of net inflows in a single day. BlackRock's ETHA and Grayscale's ETHE, two established products in the category, were flat with no inflows or outflows.
Some funds posted modest outflows. Bitwise's ETHW lost $2.54 million, while Grayscale's ETH and Fidelity's FETH recorded net outflows of $1.96 million and $1.86 million, respectively. The remaining six products, including VanEck's ETHV, Franklin's EZET and Morgan Stanley's MSSE, saw no flows.
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