Ether ETF weekly flow hits positive for the first time since launch

The newly launched nine spot Ether ETFs had a positive overall net inflow of $105 million for the week beginning Aug. 5.

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Spot Ethereum exchange-traded funds in the United States have had their first week of positive net inflows since they launched on July 23. 

According to ETF tracker SoSoValue, the nine newly launched US spot Ether ETFs had a positive overall net inflow of $104.8 million for the week beginning Aug. 5.

It added that $1.9 billion in total value was traded, bringing the total net assets to $7.3 billion as of Aug. 9.

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