US Spot Ethereum Ethereum
-2.12%
A three-day streak of positive flows ended on Thursday with $39.21 million outflows from exchange-traded funds (ETFs).
Grayscale Ethereum Trust (ETHE) continued to experience outflows, with $42.52 million leaving the fund. data At SosoValue, it was the only spot ether ETF to report outflows on Thursday.
The Grayscale Ethereum Mini Trust (ETH), the second-largest spot ETH ETF by net assets, reported no inflows on Thursday after recording net inflows of $2.26 million the previous day.
Fidelity’s FETH saw net inflows of $2.54 million, while BlackRock’s ETHA saw $770,350 flow into the fund. The remaining ETFs saw no inflows.
On Thursday, the total daily trading volume of the nine ETFs reached $240.58 million, up from $155.91 million on Wednesday and $190.76 million on Tuesday.
The Spot Bitcoin ETF has experienced some inflows.
Meanwhile, the 12 spot Bitcoin ETFs in the U.S. recorded modest inflows of $11.11 million on Thursday, compared with net outflows of $81.36 million the previous day.
BlackRock’s IBIT, the largest spot Bitcoin ETF by net assets, saw zero inflows on Thursday, net inflows of $2.68 million on Wednesday and net inflows of $34.55 million on Tuesday.
Grayscale’s GBTC was the only ETF to report negative flows, with $25.03 million flowing out of the fund, extending its outflow streak to an 11th day.
Fidelity’s FBTC saw the largest inflow of the day at $16.25 million. Grayscale Mini Trust(
Bitcoin
-0.76%
) recorded a net inflow of $13.66 million, while Bitwise’s BITB recorded an inflow of $6.23 million.
Total trading volume for these spot Bitcoin ETFs reached $1.79 billion on Thursday and $1.3 billion on Wednesday.
Bitcoin is down 0.37% over the last 24 hours, trading at $58,161 at the time of writing. Ether is down 2.31%, trading at $2,589. Price page of the block.
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