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The U.S. spot Ethereum ETF has experienced net outflows for five consecutive trading days, setting a record for the longest outflow since its launch

The U.S. spot Ethereum ETF has experienced net outflows for five consecutive trading days, setting a record for the longest outflow since its launch

CointimeCointime2024/08/22 06:48
By:Cointime

According to Farside Investors data, on August 21, the net outflow of funds for spot Ethereum ETF reached $18 million, with Grayscale's ETHE net outflow reaching $31.1 million. From August 15 to August 21, the net outflow of ETHE alone reached $158.6 million. Although GBTC continues to reduce its holdings, US spot Bitcoin ETF has seen continuous inflows for five consecutive days.

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