Ether ETFs posted a net inflow of $28.5 million on Aug. 1, with inflows into BlackRock’s fund outpacing outflows from Grayscale’s Ethereum Trust.
Daily net inflow into United States spot Ether exchange-traded funds have flipped positive again on Aug. 1, despite cumulative outflows from Grayscale’s Ethereum Trust breaching $2 billion.
On Aug. 1, the Ether (ETH) ETFs posted a net inflow of $28.5 million, led by a $91.4 million inflow into BlackRock’s iShare Ethereum Trust (ETHA).
Grayscale’s Ethereum Trust saw outflows of $78 million on the day, bringing the cumulative outflows from the fund to just over $2 billion since its conversion to a spot fund.
