Categories Crypto News

Crypto4: Ethereum ETFs $33.6 million net-inflow

The nine spot Ethereum Exchange Traded Funds (ETFs) recently launched in the United States have ended its four days outflow streak by recording a net inflow of $33.6 million yesterday.  

This is the first time in four days that the Ethereum ETFs are ending a day of trading without a deficit. The inflows into the collective Ethereum ETFs finally outweighed the outflows putting an end to the bleeding streak previously recorded.  

According to Data from Farside Investors UK, Grayscale’s Ethereum Trust (ETHE) was the only ETF product to record an outflow for the day. ETHE recorded a net outflow of $120.3 million continuing in its usual fashion of recording outflows since the first day of trading.  

If you desire to spend cash or crypto on any platform, we don't recommend it. Many offers we present you here doesn't require your spending money to earn anything. For those that do, please do your due diligence before comitting your earnings to it.

More From Author

Leave a Reply

You May Also Like

Why Cryptocurrency Investors Are Attracted to VNBTC

Cryptocurrency cloud mining has evolved as a rapidly expanding, essential sector transforming the financial landscape.…

Can NYC become the ‘Crypto Capital’ of the World?

Can NYC become the ‘Crypto Capital’ of the World? New York Mayor Eric Adams declared…

News – Meta Seeking Stablecoin Collaboration

Meta is “engaged in negotiations with cryptocurrency companies to introduce stablecoins as a method for…