{"id":16025,"date":"2024-08-12T15:02:28","date_gmt":"2024-08-12T12:02:28","guid":{"rendered":"https:\/\/forklog.com\/en\/ethereum-etfs-see-positive-inflows-for-the-first-time-since-launch\/"},"modified":"2024-08-12T15:02:28","modified_gmt":"2024-08-12T12:02:28","slug":"ethereum-etfs-see-positive-inflows-for-the-first-time-since-launch","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/ethereum-etfs-see-positive-inflows-for-the-first-time-since-launch\/","title":{"rendered":"Ethereum ETFs See Positive Inflows for the First Time Since Launch"},"content":{"rendered":"<p>Between August 5 and 9, spot Ethereum ETFs saw inflows of $104.8 million, according to <a href=\"https:\/\/sosovalue.xyz\/assets\/etf\/us-eth-spot\">SoSoValue<\/a>. This marks the first positive movement since the instruments were approved.<\/p>\n<p>The net outflow for the entire period decreased to $405.9 million.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/1-1146.webp\" alt=\"1-1146\" class=\"wp-image-238759\"\/><figcaption class=\"wp-element-caption\">Data: SoSoValue.<\/figcaption><\/figure>\n<p>The total withdrawal from Grayscale Ethereum Trust (ETHE) increased to $2.3 billion, with a $41.7 million rise on August 9.<\/p>\n<p>Inflows into BlackRock&#8217;s ETHA exceeded $900 million, including $19.6 million on the last reporting day.<\/p>\n<p>Fidelity&#8217;s FETH attracted a total of $341.7 million, Bitwise&#8217;s ETHW $299.7 million, and Grayscale&#8217;s ETH $220.7 million.<\/p>\n<p>Inflows into other products ranged from $10.8 million to $67.8 million.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/2-856.webp\" alt=\"2-856\" class=\"wp-image-238760\"\/><figcaption class=\"wp-element-caption\">Data: SoSoValue.<\/figcaption><\/figure>\n<h2 class=\"wp-block-heading\"><strong>BTC-ETF<\/strong><\/h2>\n<p>Spot Bitcoin ETFs continued to experience negative trends, with outflows totaling $169 million over the calendar week.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/3-483.webp\" alt=\"3-483\" class=\"wp-image-238761\"\/><figcaption class=\"wp-element-caption\">Data: SoSoValue.<\/figcaption><\/figure>\n<p>Clients withdrew $391.8 million from Grayscale&#8217;s GBTC, surpassing inflows into other funds.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/4-308.webp\" alt=\"4-308\" class=\"wp-image-238762\"\/><figcaption class=\"wp-element-caption\">Data: SoSoValue.<\/figcaption><\/figure>\n<p>The cumulative inflow <a href=\"https:\/\/u1f987.com\/en\/news\/sec-approves-all-11-spot-bitcoin-etf-applications\">since the approval<\/a> of BTC-ETF in January has decreased to $17.3 billion.<\/p>\n<p>Bloomberg had earlier forecasted the launch of options on BTC-ETF in the fourth quarter.<\/p>\n<p>Previously, the <span data-descr=\"New York Stock Exchange\" class=\"old_tooltip\">NYSE<\/span> approached the <span data-descr=\"U.S. Securities and Exchange Commission\" class=\"old_tooltip\">SEC<\/span> with a proposal to amend rules that would allow it to list and offer trading options based on spot Ethereum ETFs from Bitwise and Grayscale.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Between August 5 and 9, spot Ethereum ETFs saw inflows of $104.8 million, according to SoSoValue. This marks the first positive movement since the instruments were approved. The net outflow for the entire period decreased to $405.9 million. Data: SoSoValue. The total withdrawal from Grayscale Ethereum Trust (ETHE) increased to $2.3 billion, with a $41.7 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":16024,"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":[569,1145],"class_list":["post-16025","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-etf","tag-market-analysis"],"aioseo_notices":[],"amp_enabled":true,"views":"6","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/16025","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=16025"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/16025\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/16024"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=16025"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=16025"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=16025"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}