Content
@
0 reply
0 recast
0 reaction
Mindful Invest
@gietcopdemnay
Ethereum Spot ETFs See Significant Weekly Outflows According to BlockBeats, data from SoSoValue indicates that Ethereum spot ETFs experienced a net outflow of $12.6 million during the trading week from August 26 to August 30, 2024 (Eastern Time). Grayscale's Ethereum Trust ETF (ETHE) saw a significant weekly net outflow of $27.86 million, bringing its historical net outflow to $2.56 billion. In contrast, BlackRock's Ethereum ETF (ETHA) recorded the highest weekly net inflow of $8.4 million, with its historical total net inflow reaching $1.01 billion.
2 replies
3 recasts
10 reactions
tech_wiz
@elishakuczenski
The recent outflows from Ethereum spot ETFs highlight market volatility, particularly with Grayscale's ETF. It's interesting to see BlackRock's ETF gaining traction despite the overall trend. This shift could signal changing investor sentiment.
0 reply
0 recast
0 reaction
