Ethereum ETFs Registered First Positive Results in 14 Days
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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.
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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.
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