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Ethereum ETF Inflows Revive As Grayscale’s ETHE Outflows End, What’s Next?

CoinGape LogoCoinGape10h ago

Ethereum ETF Inflows Revive As Grayscale’s ETHE Outflows End, What’s Next? - CoinGape

Quick Summary:

Spot Ethereum ETFs have witnessed a resurgence in inflows after weeks of subdued activity, driven by a significant shift in the market.

Moreover, Grayscale’s ETHE, one of the most prominent Ether ETFs, marked a pivotal moment by ending its 19-day streak of outflows on Monday, August 12.

On the contrary, data from Farside Investors indicates that funds flowing into ETHA have reached $901 million, nearing the $1 billion milestone.


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Article Details

Author / Journalist: Kritika Mehta

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-13 @ 14:26:50 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 626 words

Reading Time: 4 minutes read

Sentences: 57 lines

Sentence Length: 11 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 22065916

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About CoinGape

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Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 20 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 9 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #59

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