US Spot Ethereum ETFs Log $49.6 Million of Net Inflows in One Day
Summary
- US spot Ethereum ETFs posted net inflows for a fourth straight trading day.
- On Aug. 7, US spot Ethereum ETFs recorded total net inflows of $49.6 million, bringing cumulative total net inflows to $11.46 billion.
- BlackRock's ETHA and Fidelity's FETH posted net inflows of $38.15 million and $11.45 million, respectively, while Grayscale's ETHE recorded cumulative net outflows of $5.35 billion.
Forecast Trend Report by Period
US-listed spot Ethereum exchange-traded funds posted net inflows for a fourth straight trading day.
Data from SoSoValue showed the group of US spot Ethereum ETFs drew a combined $49.6 million in net inflows on Aug. 7. Cumulative net inflows into the funds reached $11.46 billion.
BlackRock's ETHA attracted $38.15 million during the session, while Fidelity's FETH brought in $11.45 million.
The other nine products, including Grayscale's ETH and ETHE, Bitwise's ETHW and VanEck's ETHV, recorded no inflows or outflows. No fund posted net outflows on the day.
By cumulative net inflows, BlackRock's ETHA remained the leader at $11.65 billion. Fidelity's FETH followed at $2.12 billion, and Grayscale's ETH ranked third at $1.8 billion. Grayscale's ETHE, by contrast, has posted cumulative net outflows of $5.35 billion.
Doohyun Hwang
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