Learn more

Daily net inflow into United States spot Ether exchange-traded funds have flipped positive again on Aug. 1, despite cumulative outflows from Grayscale’s Ethereum Trust breaching $2 billion. On Aug. 1, the Ether (ETH) ETFs posted a net inflow of $28.5 million, led by a $91.4 million inflow into BlackRock’s iShare Ethereum Trust (ETHA). Grayscale’s Ethereum Trust saw outflows of $78 million on the day, bringing the cumulative outflows from the fund to just over $2 billion since its conversion to a spot fund. Unlike the other eight spots ETH ETFs that were launched as “newborn” funds on July 23, …

cuu