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You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/investors-show-interest-in-ethereum-and-bitcoin-etfs/" data-wpel-link="internal">Investors Show Interest in Ethereum and Bitcoin ETFs</a> 
In the US, spot <a href="https://en.coin-turk.com/ethereum-price-fears-triggered-by-recent-market-trends/" data-wpel-link="internal">Ethereum</a> and Bitcoin exchange-traded funds (ETFs) have shown notable movements recently. On Tuesday, spot Ethereum ETFs saw a net inflow of $24.34 million, while spot Bitcoin ETFs received a net inflow of $38.94 million. These developments reflect general market optimism, although some funds have started to show negative trends. 
<h2 style="text-align: justify" id="strong-current-status-of-spot-ethereum-etfs-strong">Current Status of Spot Ethereum ETFs</h2> 
Spot Ethereum ETFs, which saw positive flows on Monday, managed to continue this trend into Tuesday. BlackRock’s ETHA fund led with a net inflow of $49.12 million. This marked a significant change from the previous day, which reported zero flows. Fidelity’s FETH fund attracted attention with a $5.41 million inflow, while Inveco’s QETH fund saw a net inflow of $813,690. On the other hand, Grayscale’s ETHE fund reported a negative flow of $31 million, indicating a downturn from the previous day’s zero flow. 
<img loading="lazy" loading="lazy" decoding="async" class="aligncenter size-full wp-image-379598" src="https://coin-turk.com/wp-content/uploads/2024/08/spot-ethereum-etf-1.png" alt="" width="2910" height="658"> 
On Tuesday, the total daily trading volume of nine spot Ethereum ETFs reached approximately $191 million, compared to $285.9 million on Monday. This indicates a slight decrease in the activity of spot Ethereum ETFs. 
<h2 style="text-align: justify" id="strong-current-status-of-spot-bitcoin-etfs-strong">Current Status of Spot Bitcoin ETFs</h2> 
On the Bitcoin front, spot Bitcoin ETFs continued their positive flows. BlackRock’s IBIT fund contributed the most with a net inflow of $34.55 million. Fidelity’s FBTC fund recorded an inflow of $22.56 million, while Bitwise’s BITB fund saw an inflow of $16.54 million. Grayscale’s GBTC fund continued its nine-day streak of outflows, reporting $28.65 million. Additionally, Ark and 21Shares’ ARKB fund reported a $6 million outflow. 
<img loading="lazy" loading="lazy" decoding="async" class="aligncenter size-full wp-image-379597" src="https://coin-turk.com/wp-content/uploads/2024/08/spot-bitcoin-etf-1.png" alt="" width="2918" height="852"> 
Spot Bitcoin ETFs recorded a total daily trading volume of $1.18 billion on Tuesday, slightly behind the $1.3 billion recorded on Monday. In light of these developments, Bitcoin’s price rose by 3.27% in the last 24 hours to $61,109, while Ethereum increased by 2.1% to $2,713. 
The current state of spot ETFs shows that both Ethereum and Bitcoin remain popular among <a href="https://finance.coin-turk.com/" data-wpel-link="exclude">investors</a>, and overall market sentiment is positive. However, the negative flows in some major funds like Grayscale highlight the volatility within the market dynamics. 
<ul class="Summary"> 
 <li>Spot Ethereum ETFs saw a net inflow of $24.34 million on Tuesday.</li> 
 <li>Spot Bitcoin ETFs received a net inflow of $38.94 million on Tuesday.</li> 
 <li>Bitcoin’s price rose by 3.27% to $61,109 in the last 24 hours.</li> 
</ul> 
<h5>The post first appeared on COINTURK NEWS: <a href="https://en.coin-turk.com/investors-show-interest-in-ethereum-and-bitcoin-etfs/" data-wpel-link="internal">Investors Show Interest in Ethereum and Bitcoin ETFs</a></h5>
The post <a href="https://en.coin-turk.com/investors-show-interest-in-ethereum-and-bitcoin-etfs/" data-wpel-link="internal">Investors Show Interest in Ethereum and Bitcoin ETFs</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal">COINTURK NEWS</a>.

Investors Show Interest in Ethereum and Bitcoin ETFs

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