• 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

WLD Price Drops Significantly, Signals Potential Reversal

chest

WLD's price has decreased by 280 in the last 24 hours, now standing at 0625. Support for WLD is found around the 056 level, with consolidation signals indicating a potential reversal.

user avatarKenji Takahashi

Strive's Stock Rises Amid Bitcoin Strategy and Index Provider Discussions

chest

Strive's stock has surged 36% amid discussions with MSCI regarding Bitcoin allocations, reflecting increased investor confidence.

user avatarMiguel Rodriguez

Asia Pacific Innovation Center Officially Launched in Kuala Lumpur

chest

The Asia Pacific Innovation Center (APIC) has officially announced its establishment today in Kuala Lumpur, aiming to connect capital and markets across various regions and support enterprises in their growth.

user avatarMaria Fernandez

Remittix Emerges as a Strong Alternative to Dogecoin

chest

Remittix is gaining attention as a viable alternative to Dogecoin due to its real payment system and strong fundamentals.

user avatarGustavo Mendoza

Binance Announces Listing of NIGHT Coin

chest

Binance has announced the listing of NIGHT Coin, resulting in a significant price surge.

user avatarRajesh Kumar

Hoskinson Warns of Regulatory Overreach

chest

During the launch of Midnight, Charles Hoskinson issued a stark warning about the potential for regulatory overreach that could strip away the unique qualities of cryptocurrency.

user avatarLuis Flores

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.