Spot Ethereum ETFs Record $34 Million Inflows On July 30
The post Spot Ethereum ETFs Record $34 Million Inflows On July 30 appeared first on Coinpedia Fintech News
The US-listed spot Ethereum ETF fundflows have flipped to a daily net positive for the first time since its launch day, mainly due to a slowdown in bleeding from the Grayscale Ethereum Trust. Net inflows across all nine spot Ether ETFs came in at $33.6 million on July 30. BlackRock’s iShares Ethereum ETF (ETHA) made up for the largest inflows on July 30, at $117.9 million. Fidelity’s Advantage Ether ETF (FETH) earned $16.4 million, while Bitwise Ethereum Fund (ETHW) and Franklin Ethereum ETF (EZET) earned $3.5 million and $3.7 million, respectively. Grayscale’s ETHE, meanwhile, saw its smallest day for outflows at just $120.3 million.
