• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

U.S. Ethereum ETFs Record $39.52M Outflows

user avatar

by Giorgi Kostiuk

a year ago

Amid economic uncertainty and market volatility, U.S. Ethereum ETFs have faced significant outflows.

Major Net Outflows in Ethereum ETFs

Grayscale’s mini ETH registered the largest outflow at $37.84 million, with Grayscale ETHE reporting an additional $14.49 million in net outflows.

Market Sentiment: Influencing Factors

Economic data and Federal Reserve policies have heightened concerns about potential rate hikes. Additionally, Ethereum's price increase in late 2024 prompted profit-taking among investors.

BlackRock’s ETHA: A Positive Outlier

BlackRock's ETHA saw $12.81 million in inflows. This inflow reflects investor trust, likely influenced by BlackRock's reputation and strategic portfolio reallocations.

The $39.52 million outflows from Ethereum ETFs underscore ongoing market caution amid macroeconomic uncertainty. Yet, inflows into BlackRock's products indicate selective market confidence in Ethereum's potential.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Ethereum's Regulatory Status Gains Clarity

chest

Paul Atkins, the Chairman of the SEC, has informally classified Ethereum as a nonsecurity digital commodity, signaling a potential shift in regulatory outlook.

user avatarLeo van der Veen

XRP Price Predictions: Retail-Driven vs Utility-Driven Rallies

chest

Crypto analyst BarriC discusses two potential rally scenarios for XRP, highlighting the differences in price outcomes and sustainability.

user avatarLi Weicheng

Coinbase and Yahoo Finance Join Forces to Link Crypto and Equities

chest

Coinbase has partnered with Yahoo Finance to integrate crypto tickers and equities, enabling direct trading on Coinbase and enhancing the legitimacy of digital assets.

user avatarBayarjavkhlan Ganbaatar

Kraken Introduces Regulated Tokenized Equity Perpetual Futures Contracts

chest

Kraken has launched regulated tokenized equity perpetual futures contracts, providing eligible non-US clients with access to tokenized assets with up to 20x leverage.

user avatarTenzin Dorje

Binance Launches Tokenized Assets via Ondo Finance

chest

Binance has launched its own tokenized assets through Ondo Finance, allowing users to gain exposure to underlying assets, though without all shareholder rights.

user avatarAisha Farooq

Bitcoin Price Projections and Historical Patterns

chest

Aaron Dishner projects a downside target for Bitcoin between $35,000 and $40,000, based on historical drawdowns and market cycles.

user avatarMohamed Farouk

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.