Editor's PiCK
U.S. Ethereum Spot ETF Switches to Net Inflow After Four Consecutive Days of Outflows
Summary
- It was reported that the U.S. Ethereum (ETH) spot ETF switched to net inflow after four consecutive days of capital outflows.
- While Bitcoin spot ETFs continue to see outflows, the movement of capital into Ethereum has become pronounced.
- Significant amounts of capital have flowed into various Ethereum ETFs, including BlackRock's 'ETHA'.
The Ethereum (ETH) spot ETF ended a four-day streak of capital outflows and switched to net inflow. While outflows continue in Bitcoin spot ETFs, there appears to be a clear shift of funds into Ethereum.
According to data from trader T on the 21st (local time), total net inflows to Ethereum ETFs for the day amounted to $290,350,000. BlackRock's 'ETHA' alone received $236,340,000, driving the overall inflow. Fidelity's 'FETH' also recorded an inflow of $28,530,000.
Bitwise's 'ETHW' saw an inflow of $6,990,000, VanEck's 'ETHV' received $6,210,000, and Grayscale's 'ETHE' and 'Mini ETH' had respective net inflows of $5,920,000 and $6,360,000. There were no changes in Invesco's 'QETH', Franklin Templeton's 'EZET', or 21Shares' 'CETH'.
Doohyun Hwang
cow5361@bloomingbit.ioKEEP CALM AND HODL🍀
!['Easy money is over' as Trump pick triggers turmoil…Bitcoin tumbles too [Bin Nansa’s Wall Street, No Gaps]](https://media.bloomingbit.io/PROD/news/c5552397-3200-4794-a27b-2fabde64d4e2.webp?w=250)
![[Market] Bitcoin falls below $82,000...$320 million liquidated over the past hour](https://media.bloomingbit.io/PROD/news/93660260-0bc7-402a-bf2a-b4a42b9388aa.webp?w=250)
