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Spot Ethereum ETFs Set A New Record In July With $5.4 Billion Monthly Inflow

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Spot Ethereum ETFs Outperform Bitcoin Rivals In Past Four Days As ETH Surges 6%

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Inflows into spot Ethereum ETFs have outpaced their Bitcoin ETF rivals in the past four trading days as Ethereum’s price climbs 6% this week amid growing investor optimism about the biggest altcoin. Spot Ethereum ETFs recorded net inflows of $224.9 million over the past four days, while their Bitcoin counterparts registered total net inflows of just $35.2 million over the same period, according to data from Farside Investors . BlackRock’s ETHA Leads Spot Ethereum ETFs In 4-Day Inflow Streak A handful of the US ETH investment products are responsible for the latest inflows into spot Ethereum ETFs since Friday. Leading the charge is ETHA, the fund belonging to asset management giant BlackRock.  In the last 4 days, BlackRock’s ETH ETF has recorded net inflows of 149.8 million. The fund’s biggest day was on Nov. 22, when $99.7 million entered its reserves. Meanwhile, Fidelity’s FETH, Bitwise’s ETHW, Grayscale’s ETH, and VanEck’s ETH...

BlackRock’s iShares Bitcoin Trust (IBIT) Suffers Outflows for the Second Time Since Launching: BTC ETF Flow Data

New data unveils that BlackRock’s iShares Bitcoin (BTC) Trust (IBIT) has suffered outflows for just the second time since being launched in January. According to new information from London-based investment management firm Farside Investors, BlackRock – a firm with over $10 trillion in assets under its management – saw its BTC exchange-traded fund (ETF) weather its second day of outflows ever earlier this week. On August 29th, IBIT saw $13.5 million worth of outflows. The last time the ETF saw outflows was on May 1st when it saw $36.9 million leave its coffers. However, May 1st is the only recorded day to see every single major BTC ETF see outflows. The data reveals that IBIT’s average amount of inflows per day comes out to $130.7 million – the highest out of all BTC ETFs – while its best day on record saw it haul in $849 million. Furthermore, it was found that Grasycale’s Bitcoin Trust (GBTC) is struggling the most out of all BTC ET...