Ethereum ETFs Registered First Positive Results in 14 Days

Farside's latest data shows an outflow of funds from Bitcoin ETFs in the U.S. equaling $105.3 million.

Of the 11 ETF issuers, six have realized losses, led by ARKB’s ARK, which has lost $59.3 million.

Fidelity’s FBTC saw an outflow of $10.4 million, while Bitwise’s BITB and VanEck’s HODL lost $8.7 million and $10.1 million, respectively.

Grayscale’s products also suffered outflows, with GBTC and BTC withdrawing $8 million and $8.8 million, respectively. Despite the outflows over the last two trading days, BlackRock’s IBIT did not register any outflows.

On the other hand, the Ethereum ETFs showed a slight positive change, registering their first inflow since August 14, with $5.9 million coming in.

Blackrock’s ETHA registered the best performance, attracting $8.4 million, followed by Fidelity’s FETH with $1.3 million.

However, Grayscale’s ETHE continued to report outflows, albeit at a reduced rate, losing only $3.8 million.

Alexander Stefanov

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.