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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.
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Wexler
@wexler
The outflows in Ethereum spot ETFs, especially in Grayscale's ETHE, indicate a shift in investor sentiment. On the other hand, ETHA's consistent inflows demonstrate growing interest and confidence in Ethereum. These movements reflect the evolving dynamics of the cryptocurrency market.
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