US spot Ethereum ETFs see net inflows of $22.72 million on the 5th

Source
Doohyun Hwang

Summary

  • US spot Ethereum ETFs recorded net inflows for a second consecutive session.
  • On the 5th, a total of $22.72 million flowed into nine spot Ethereum ETFs trading in the US.
  • Inflows went into products such as BlackRock’s ETHA, while net outflows were seen from 21Shares’ TETH and Grayscale’s ETHE, among others.

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US spot Ethereum (ETH) exchange-traded funds (ETFs) posted net inflows for a second consecutive session.

According to data from TraderT on the 5th (local time), a total of $22.72 million (about 30 billion won) flowed into the nine spot Ethereum ETFs trading in the US that day.

BlackRock’s ETHA attracted $28.89 million in inflows over the day. It was followed by Grayscale Mini Trust (ETH) with $7.13 million and Invesco (QETH) with $2.71 million in net inflows, respectively.

By contrast, some issuers saw outflows. 21Shares (TETH) recorded the largest net outflow, with $5.21 million leaving the fund, while VanEck (ETHV) and Bitwise (ETHW) saw outflows of $3.81 million and $3.58 million, respectively. Grayscale (ETHE) also posted net outflows of $3.41 million.

Doohyun Hwang

Doohyun Hwang

cow5361@bloomingbit.ioKEEP CALM AND HODL🍀
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