For the first time since their July 23 launch, U.S. #Ethereum spot #ETFs saw positive inflows, totaling $104.8 million during the week starting August 5. This increased the overall net asset value to $7.3 billion, despite a 23% drop in Ether's price.
#BlackRock iShares Ethereum Trust led with $188.4 million, followed by Fidelity and Greyscale. Grayscale's outflows, however, were significant, totaling $180 million. ETF issuers are now considering launching option products for these funds.
