• 01 September, 2024
ETF News Ethereum

ETH ETFs See First Week of Positive Net Inflows Since Launch

For the week beginning August 5, nine Ethereum ETFs recorded their first week of positive net inflows since their launch, totaling $104.8 million. Leading the inflows was BlackRock’s iShares Ethereum Trust with $188.4 million. Fidelity’s Ethereum Fund also saw significant interest, attracting $44.65 million. Other ETFs with positive inflows included Grayscale’s Mini Ethereum Trust ($19.8M), VanEck Ethereum ETF ($16.6M), Bitwise Ethereum ETF ($11.7M), and Franklin Ethereum ETF ($3.7M). This trend highlights growing investor confidence in Ethereum-based investments.

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