Ethereum ETFs Break Five-Day Outflow Run With $14.9 Million Inflows

3 days ago 5



TL;DR: Ethereum ETFs returned to net inflows on October 21 after five negative sessions. The $14.9 million gain was modest, with Grayscale and Fidelity offsetting continued withdrawals from BlackRock’s ETHA. The losing streak ended. The recovery in Ethereum fund demand was considerably less decisive. US spot Ether ETFs recorded $14.9 million in net inflows on Wednesday, Farside Investors’ figures show. Grayscale’s ETH product brought in $28.1 million and Fidelity’s FETH added $13 million, while BlackRock’s ETHA lost $29.3 million. Smaller positive readings from Bitwise, Franklin and Morgan Stanley helped leave the overall total above zero. The other listed products recorded no net movement. A Positive Session After A $388.9 Million Drain The five preceding trading days, October 14 through October 20, produced combined withdrawals of $388.9 million. Wednesday recovered approximately 3.8% of that sum, based on the same table. That makes the change in direction useful without making it a full repair. The aggregate turned positive because subscriptions at some providers exceeded redemptions at another, rather than because every major fund began attracting money simultaneously. Issuer d...

Read Entire Article









피플앤툴즈 네트워크
🛍 샵