From 23rd July to 26th July, Grayscale ETH ETF experienced over $1.5 billion in outflows, including $356 million on 26th July.
BlackRock’s iShares Ethereum Trust ETF attracted $87.2 million in inflows on the 26th of July.ETF for trading, Grayscale Ethereum Trust ETF has experienced significant outflows.From the 23rd to the 26th of July, the ETH ETF saw total outflows exceeding $1.
Additionally, the closing Bollinger Bands signaled decreasing volatility, reinforcing the expectation that the current bullish trend was likely to continue.Grayscale’s Ethereum Mini Trust ETF experienced a positive shift with a net inflow of $44.9 million on the 26th of July, bringing its total net inflows to $164 million since its inception.
Meanwhile, BlackRock’s iShares Ethereum Trust ETF had garnered significant investor interest, recording a substantial net inflow of $87.2 million on the same day. As expected, this surge elevated ETHA’s total net inflows to $442 million, highlighting its leading position in the market.Hence, despite Grayscale’s underperformance, investor optimism for ETH ETFs remained strong, thanks to inflows into other ETFs.
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