Ethereum

United

Strong

Million

Spot

<p><strong>Key points:</strong></p>  
<ul class="wp-block-list">
 <li><em>U.S. spot ether ETFs recorded $24.3 million in net inflows, while spot bitcoin ETFs saw $38.9 million flow into the funds.</em></li>  
 <li><em>Grayscale’s ETHE shifted back to negative flows after having no flows the day before.</em></li> 
</ul>  
<h5 class="wp-block-heading"><strong>U.S. Spot Ethereum ETFs increased by $24.34M on Tuesday, while Grayscale’s ETHE lost $31M. Bitcoin ETFs, led by BlackRock’s IBIT, saw a sharp inflow of $38.94M.</strong></h5>  
<figure class="wp-block-image aligncenter size-large"><a href="https://coincu.com/wp-content/uploads/2024/08/image-206.png" rel="noopener noreferrer nofollow"><img src="https://coincu.com/wp-content/uploads/2024/08/image-206-1024x742.png" alt="Spot Ethereum ETFs Gain $24M, Grayscale’s ETHE Sees Negative Flows" class="wp-image-278257"></a>
 <figcaption class="wp-element-caption">
 </figcaption>
</figure>  
<h2 class="wp-block-heading" id="strong-spot-ethereum-etfs-record-inflows-amid-grayscale-ethe-outflows-strong"><strong>Spot Ethereum ETFs Record Inflows Amid Grayscale ETHE Outflows</strong></h2>  
<p>On Tuesday, U.S. Ethereum Spot ETFs saw $24.34 million in net inflows, continuing the positive momentum from the previous day. In contrast, the Grayscale Ethereum Trust (ETHE) saw a return to negative inflows, with $31 million flowing out of the ETF, according to&nbsp;<a href="https://sosovalue.com/assets/etf/us-eth-spot" target="_blank" rel="noopener noreferrer nofollow">data</a>&nbsp;from SosoValue.</p>  
<p>Other ETFs, such as BlackRock’s ETHA and Fidelity’s FETH, saw positive inflows, helping to offset ETHE’s losses.</p>  
<p class="has-background" style="background-color:#222222"><strong>Read More:<a href="https://coincu.com/252098-renzo-review-binance-labs-restaking-protocol/" target="_blank" rel="noopener noreferrer nofollow"> </a><a href="https://coincu.com/271142-japans-metaplanet-bitcoin-investment-gets-boost/" data-type="link" data-id="https://coincu.com/270668-how-the-secs-revised-binance-us-lawsuit-and-solanas-exclusion-affect-the-best-ongoing-presales-in-2024/" target="_blank" rel="noopener noreferrer nofollow">DRW Ethereum ETF Investment Revealed With&nbsp;$150 Million</a></strong></p>  
<h2 class="wp-block-heading" id="strong-bitcoin-etfs-see-strong-inflows-led-by-blackrock-s-ibit-strong"><strong>Bitcoin ETFs See Strong Inflows Led by BlackRock’s IBIT</strong></h2>  
<p>While the Spot Ethereum ETF posted mixed results, the 12 spot bitcoin ETFs in the United States recorded $38.94 million in net inflows on the same day. BlackRock's IBIT led the way with $34.55 million in inflows, followed by Fidelity's FBTC with $22.56 million.</p>  
<p>Grayscale's GBTC, however, continued its outflow trend, with $28.65 million flowing out of the product, marking nine consecutive days of outflows.</p>  
<figure class="wp-block-table">
 <table>
  <tbody>
   <tr>
    <td><em><strong>DISCLAIMER</strong>:&nbsp;The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.</em></td>
   </tr>
  </tbody>
 </table>
</figure>

Spot Ethereum ETFs Gain $24M, Grayscale’s ETHE Sees Negative Flows

Table of Contents

Coincu

Other articles published on Aug 14, 2024

US government moves 10,000 Bitcoin

Stablecoins bring financial inclusion, but their fate is still undecided | Opinion

Ethereum Sees Surge in On-Chain Activity as Institutional Investment Soars

Top 7 Hottest Crypto Picks for 2024: BlockDAG, Ethereum, Solana, Cardano, Polkadot, AVAX and Chai...

Crypto: MetaFight Reaches a Milestone with 140,000 Telegram Users

Mixed Bag: Spot Ethereum ETF Debuts, Led by BlackRock, Grayscale Struggles

Join our free newsletter for daily crypto updates!