Ethereum ETFs Witness $2.9 Million Net Outflows On August 8, BlackRock $11.7M Inflows

Author: Nidhi Kolhapur

Nidhi Kolhapur

Author

Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on Cryptocurrency and Blockchain.

Aug 9, 2024 12:13

According to data from financial information platform Farside Investors, the Ethereum ETFs witnessed a total net outflow of $2.9 million on August 8. On the day, Grayscale’s ETHE and Fidelity’s FETH experienced outflows of $19.8 million and $2.6 million, respectively. Grayscale mini ETF ETH had an inflow of $5.0189 million, and BlackRock ETF ETHA had an inflow of $11.7358 million. Bitwise’s ETHW had an inflow of $2.8 million. The remaining ETFs saw no net inflows or outflows.