{"id":38343,"date":"2024-09-24T19:33:34","date_gmt":"2024-09-24T19:33:34","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/us-spot-ethereum-etfs-see-largest-daily-outflows-since-july\/"},"modified":"2024-09-24T19:33:34","modified_gmt":"2024-09-24T19:33:34","slug":"us-spot-ethereum-etfs-see-largest-daily-outflows-since-july","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/us-spot-ethereum-etfs-see-largest-daily-outflows-since-july\/","title":{"rendered":"US spot Ethereum ETFs see largest daily outflows Since July"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/09\/US-Ethereum-ETFs-see-largest-daily-outflows-since-July-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/09\/US-Ethereum-ETFs-see-largest-daily-outflows-since-July-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/09\/US-Ethereum-ETFs-see-largest-daily-outflows-since-July-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/09\/US-Ethereum-ETFs-see-largest-daily-outflows-since-July-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/>\n<\/picture>                    <\/div>\n<ul>\n<li>Overall, US spot Ethereum ETFs saw $79.21 million in outflows on Monday, the largest since July.<\/li>\n<li>Grayscale\u2019s ETHE recorded a significant $80.55 million outflow on the same day.<\/li>\n<li>Spot Bitcoin ETFs had modest inflows of $4.56 million, led by Fidelity\u2019s FBTC.<\/li>\n<\/ul>\n<p>On Monday, US spot Ethereum ETFs experienced their largest daily outflows since late July, totalling $79.21 million. This significant drop was primarily driven by the Grayscale Ethereum Trust (ETHE), which recorded an outflow of $80.55 million, marking its most substantial outflow since July 31.<\/p>\n<p>According to <a href=\"https:\/\/sosovalue.xyz\/assets\/etf\/us-eth-spot\">data from Sosovalue<\/a>, ETHE was the only spot Ethereum ETF to report outflows on that day, highlighting a challenging period for the asset class.<\/p>\n<p>In contrast, Bitwise\u2019s ETHW managed to post a modest inflow of $1.34 million, while the remaining seven spot Ethereum ETFs registered no significant movement.<\/p>\n<p>The total trading volume for the nine Ethereum ETFs reached $167.35 million, reflecting an increase from $139.47 million the previous Friday. This uptick in trading volume indicates that despite the outflows, investor activity in the Ethereum ETF space remains notable.<\/p>\n<p>Meanwhile, spot Bitcoin ETFs fared better, experiencing modest inflows of $4.56 million on the same day. This marks the continuation of a three-day streak of inflows, led by Fidelity\u2019s FBTC, which attracted $24.93 million. BlackRock\u2019s IBIT, the largest Bitcoin ETF by net assets, also saw positive movement, with inflows of $11.54 million.<\/p>\n<p>However, Grayscale\u2019s Bitcoin Trust (GBTC) recorded a $40.33 million outflow, making it the only spot Bitcoin ETF to face losses on Monday.<\/p>\n<p>As the cryptocurrency market fluctuates, with Bitcoin dropping 1.1% to approximately $63,122 and Ether falling 1.32% to around $2,627, these recent developments underline the volatile nature of digital asset investments. Investors will be keenly watching how these trends evolve in the coming days.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/us-spot-ethereum-etfs-see-largest-daily-outflows-since-july\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) Overall, US spot Ethereum ETFs saw $79.21 million in outflows on Monday, the largest since July. Grayscale\u2019s ETHE recorded a significant $80.55 million outflow on the same day. Spot Bitcoin ETFs had modest inflows of $4.56 million, led by Fidelity\u2019s FBTC. [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":38344,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/38343"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=38343"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/38343\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/38344"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=38343"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=38343"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=38343"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}