{"id":15570,"date":"2024-07-26T09:55:05","date_gmt":"2024-07-26T06:55:05","guid":{"rendered":"https:\/\/forklog.com\/en\/ethereum-etf-experiences-152-million-outflow\/"},"modified":"2024-07-26T09:55:05","modified_gmt":"2024-07-26T06:55:05","slug":"ethereum-etf-experiences-152-million-outflow","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/ethereum-etf-experiences-152-million-outflow\/","title":{"rendered":"Ethereum ETF Experiences $152 Million Outflow"},"content":{"rendered":"<p>On July 25, the net outflow from spot Ethereum ETFs amounted to $152.3 million, according to <a href=\"https:\/\/sosovalue.xyz\/assets\/etf\/us-eth-spot\">SoSoValue<\/a>.<\/p>\n<p>Inflows into &#8220;new&#8221; Ethereum-based exchange-traded products were insufficient to offset the $346.2 million withdrawn by clients from Grayscale&#8217;s ETHE.<\/p>\n<p>Trading volume fell from $1.05 billion to $955.9 million.<\/p>\n<p>Inflows into CETH from 21 Shares and EZET from Franklin Templeton were zero, while other instruments saw inflows ranging from $6.2 million to $70.9 million. The leaders in this regard were BlackRock&#8217;s ETHA ($70.9 million), Grayscale&#8217;s ETH ($58.1 million), and Fidelity&#8217;s FETH ($34.3 million).<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/1-1122.webp\" alt=\"1-1122\" class=\"wp-image-237809\"\/><figcaption class=\"wp-element-caption\">Data: SoSoValue.<\/figcaption><\/figure>\n<p>The net outflow from ETH-ETF since approval has reached $178.7 million. The <span data-descr=\"assets under management\" class=\"old_tooltip\">AUM<\/span> of these products stands at $8.97 billion.<\/p>\n<h2 class=\"wp-block-heading\"><strong>BTC-ETF<\/strong><\/h2>\n<p>Spot Bitcoin ETFs continued to see positive inflows, with a net inflow of $31.2 million.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/2-841.webp\" alt=\"2-841\" class=\"wp-image-237810\"\/><figcaption class=\"wp-element-caption\">Data: SoSoValue.<\/figcaption><\/figure>\n<p>Investors contributed $70.8 million to BlackRock&#8217;s IBIT, surpassing the $39.6 million withdrawn from Grayscale&#8217;s GBTC. Other instruments saw no changes.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/3-477.webp\" alt=\"3-477\" class=\"wp-image-237811\"\/><figcaption class=\"wp-element-caption\">Data: SoSoValue.<\/figcaption><\/figure>\n<p>Cumulative inflows <a href=\"https:\/\/u1f987.com\/en\/news\/sec-approves-all-11-spot-bitcoin-etf-applications\">since the approval<\/a> of BTC-ETF in January have reached $17.5 billion.<\/p>\n<p>In a comment for ForkLog, trader Vladimir Cohen discussed the importance of ETH-ETF and the current state of the market.<\/p>\n<p>Earlier, 10x Research also noted &#8220;signs of new problems&#8221; following the Ethereum sell-off.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On July 25, the net outflow from spot Ethereum ETFs amounted to $152.3 million, according to SoSoValue. Inflows into &#8220;new&#8221; Ethereum-based exchange-traded products were insufficient to offset the $346.2 million withdrawn by clients from Grayscale&#8217;s ETHE. Trading volume fell from $1.05 billion to $955.9 million. Inflows into CETH from 21 Shares and EZET from Franklin [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":15569,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[569,46,1145],"class_list":["post-15570","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-etf","tag-ethereum","tag-market-analysis"],"aioseo_notices":[],"amp_enabled":true,"views":"4","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/15570","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=15570"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/15570\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/15569"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=15570"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=15570"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=15570"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}