Crypto investments remain volatile as Ethereum ETF flows turn negative, highlighting the market’s rapid evolution.
Grayscale’s Ethereum Trust ETF, ETHE, has reported a single-day net outflow of $31.01 million, marking a return to negative flows after a brief pause. This data, revealed by Farside Investors, indicates that the historical net outflow of ETHE has now reached $2.327 billion.
According to the data, this reversal follows a day of zero flows on Aug. 12. Despite the negative flow for Grayscale’s ETHE, the overall market for Ethereum spot ETFs showed positive movement. On Aug. 13, the total net inflow for Ethereum spot ETFs was $24.3412 million.
Grayscale’s Ethereum Trust (ETHE) achieved a milestone on Aug. 12, marking its first day without any outflows, breaking a streak of consecutive daily withdrawals since its inception. This, in turn, caused the US spot Ether (ETH) ETFs to experience a flow reversal for the fifth time since launching on July 23.
