Spot ETH ETFs Record $39.21M Net Outflows On Thursday Breaking 3-Day Positive Streak 

Author: Nidhi Kolhapur

Nidhi Kolhapur

Author

Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on Cryptocurrency and Blockchain.

Aug 16, 2024 15:01

US Spot Ethereum ETFs saw $39.21 million in net outflows on Thursday, ending their three-day positive flow streak. The Grayscale Ethereum Trust (ETHE) continued to experience outflows, with $42.52 million exiting the fund. The Grayscale Ethereum Mini Trust (ETH) reported no flows on Thursday. Fidelity’s FETH recorded net inflows of $2.54 million, and BlackRock’s ETHA saw $770,350 flowing into the fund. The other remaining ETFs logged zero flows. However, the spot bitcoin ETFs reported inflows of $11.1 million.