PiCK

US Ethereum ETF sees inflow after 17 days…$4.7 million from Grayscale

Doohyun Hwang

Summary

The US Ethereum (ETH) spot ETF has turned to a net inflow of $4.7 million after 17 trading days.
This fund inflow occurred only from Grayscale's Ethereum Trust.
Currently, the Ethereum price is trading at $1,896, down 4.6% from the previous day.

The US Ethereum (ETH) spot Exchange Traded Fund (ETF) has turned to a net inflow after 17 trading days.

According to Farside Investors data on the 28th (local time), a total of $4.7 million was net inflowed into the US Ethereum spot ETF on this day.

This inflow occurred only from Grayscale's Ethereum Trust (ETHE), with no inflows or outflows in other spot ETF products. Meanwhile, Ethereum is currently trading at $1,896 on the Binance Tether (USDT) market, down 4.6% from the previous day.

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