Ethereum ETF sees positive flows despite $2B Grayscale outflows
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Ether ETFs posted a net inflow of $26.7 million on Aug. 1, with inflows into BlackRock’s fund outpacing outflows from Grayscale’s Ethereum Trust.
Daily net inflows into the United States spot Ether exchange-traded funds (ETFs) have flipped positive again despite cumulative outflows from the Grayscale Ethereum Trust (ETHE) breaching $2 billion.
On Aug. 1, the Ether ETFs posted a net inflow of $26.7 million, led by a $89.6 million inflow into BlackRock’s iShares Ethereum Trust (ETHA), according to Faride Investors data.
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