Here’s How Ethereum ETFs Performed in Their First Week
30.07.2024 11:22 1 min. read Kosta Gushterov
On July 29, U.S. ethereum ETFs saw net outflows of $983 million, the fourth consecutive day of negative results.
According to data from Farside, the Grayscale Ethereum Trust (ETHE) saw a significant one-day outflow of $210 million. In contrast, the Grayscale Ethereum Mini Trust (ETH) attracted inflows of $4.9 million.
On the other hand, BlackRock’s iShares Ethereum Trust (ETHA) saw inflows of $58.2 million, while Fidelity’s FETH garnered $24.8 million.
Overall, Ethereum ETFs saw outflows of $340 million in the first week of trading ending July 26. Adding in Monday’s outflows brings the total to $440.1 million.
This period was characterized by investor withdrawals from legacy high-fee products converted to exchange-traded funds.
The most significant inflows were into the BlackRock, Bitwise and Fidelity funds, which attracted $500.2 million, $276 million and $244 million, respectively, from launch through July 30.
In contrast, the Grayscale-created Ethereum Trust suffered outflows of $1.723 billion over the same time period.
-
1
Pi Token Squeezes Higher After Brief Collapse—Path to $10 Still Murky
16.06.2025 14:00 1 min. read -
2
BTC Bull Token Price Prediction: The Next Crypto with 1000% Potential?
25.06.2025 18:55 4 min. read -
3
Crypto Whale Makes $3.5M Shorting Altcoins on Hyperliquid
15.06.2025 15:00 1 min. read -
4
Solana Exchange Balances Surge as Bearish Signals Grow
13.06.2025 18:25 1 min. read -
5
Cardano Moves Toward Ripple Asset Integration as Hoskinson Teases DeFi Expansion
15.06.2025 11:00 2 min. read
New Meme Coin to Watch: TOKEN6900 Presale Tipped as Next SPX6900
The recent launch of the TOKEN6900 (T6900) meme coin presale is a refreshing sight in a market oversaturated with presales focused on providing utility. Token6900 returns to the roots of meme coins, offering no utility. This is precisely what makes it appealing to those seeking a high-risk, high-reward asset to stockpile. Marketed as the world’s […]
XRP Price Prediction: Price Compression and Higher ETF Approval Odds Could Propel XRP to $4
XRP trading volumes have doubled in the past 24 hours. Although the price action has not reacted as expected yet, something could be brewing as bulls could be accumulating tokens at these low prices in anticipation of the token’s next leg up. Yesterday, the market reacted quite positively to the approval of the first Solana […]
Which Crypto ETFs Could Get SEC Approval in 2025? Here Are the Chances
With the U.S. Securities and Exchange Commission (SEC) already greenlighting spot Bitcoin and Ethereum ETFs, attention is now turning to the next wave of crypto-backed exchange-traded funds.
Top Trending Cryptocurrencies Today
As crypto markets navigate another week of volatility and shifting sentiment, traders are increasingly turning their attention to emerging altcoins and high-momentum tokens.
-
1
Pi Token Squeezes Higher After Brief Collapse—Path to $10 Still Murky
16.06.2025 14:00 1 min. read -
2
BTC Bull Token Price Prediction: The Next Crypto with 1000% Potential?
25.06.2025 18:55 4 min. read -
3
Crypto Whale Makes $3.5M Shorting Altcoins on Hyperliquid
15.06.2025 15:00 1 min. read -
4
Solana Exchange Balances Surge as Bearish Signals Grow
13.06.2025 18:25 1 min. read -
5
Cardano Moves Toward Ripple Asset Integration as Hoskinson Teases DeFi Expansion
15.06.2025 11:00 2 min. read