Ethereum ETFs Report Inflows

The nine U.S. spot Ethereum exchange-traded funds (ETFs) saw net inflows of $33.67 million on Tuesday, ending a four-day streak of negative flows.

Performance of Individual ETFs

The Grayscale Ethereum Trust (ETHE) was the only spot ether ETF to log negative flows, recording $120.28 million in net outflows. It has faced outflows every day since its debut on July 23.

This was offset by sizable inflows, particularly from BlackRock’s ETHA, which saw $117.98 million in net inflows. Fidelity’s FETH and the Grayscale Ethereum Mini Trust followed with inflows of $16.36 million and $12.36 million, respectively. Franklin’s EZET and Bitwise’s ETHW also reported net inflows of $3.73 million and $3.52 million.

Trading Volumes

Three other spot ether ETFs experienced zero flows, while the total daily trading volume of these spot ether products reached $563.22 million on Tuesday, a decline from $773.01 million on Monday and $933.86 million on Friday.

Spot Bitcoin ETFs Experience Outflows

In comparison, the eleven spot bitcoin ETFs in the U.S. recorded net outflows of $18.3 million on Tuesday, marking a reversal after four consecutive days of positive flows.

BlackRock’s IBIT was the only bitcoin ETF to experience net inflows, with $74.87 million added to the fund. On the other hand, Grayscale’s GBTC saw the largest outflows at $73.6 million, followed by Ark and 21Shares’ ARKB with $7.88 million in outflows, VanEck HODL at $5.58 million, Bitwise BITB at $3.23 million, and Fidelity FBTC at $2.88 million.

The total daily trading volume for spot bitcoin ETFs was $1.37 billion on Tuesday, down from $2.68 billion on Monday and $2.04 billion on Friday.

Cryptocurrency Price Movement

As for market prices, Bitcoin (BTC) slid 1.71% over the past 24 hours, trading at approximately $65,520, while Ether (ETH) decreased by 1.36% to $3,265. Overall, the cryptocurrency market was down 1.42%.