Loading IndicatorLoading Indicator

US Spot Ether ETFs Extend Inflows to Second Day; BlackRock Funds Add $74.23 Million

Source
Doohyun Hwang

Forecast Trend Report by Period

Loading IndicatorLoading Indicator
Photo: Shutterstock
Photo: Shutterstock

US spot Ether exchange-traded funds posted net inflows for a second consecutive trading day.

US spot Ether ETFs recorded total net inflows of $26.46 million on Sept. 4, according to data from SoSoValue. That was down about 81.3% from the previous day's $141.39 million. Cumulative net inflows over the two days reached $167.85 million.

BlackRock's iShares Ethereum Trust (ETHA) drew $57.79 million, while ETHB, the Ethereum Staking ETF, took in $16.44 million. Combined net inflows into the two products totaled $74.23 million. Morgan Stanley's MSSE also posted net inflows of about $530,000.

By contrast, Fidelity Ethereum Fund (FETH) recorded $48.30 million in net outflows. In Ether terms, that equaled about 19,670 tokens.

The remaining products, including Grayscale's ETHE and Ethereum Mini Trust, Bitwise's ETHW and VanEck's ETHV, recorded no net inflows or outflows.

#Ethereum ETF
Doohyun Hwang

Doohyun Hwang

cow5361@bloomingbit.ioKEEP CALM AND HODL🍀

What do you think about this news?








PiCK News






Hashtag News