According to PANews, James Butterfill, head of research at CoinShares, said on the X platform that the newly launched Ethereum ETF attracted $1.183 billion in inflows in its first week. However, due to large-scale outflows from existing Grayscale funds, the overall net outflow was $338 million.
Specific data showed that ISHARES ETHEREUM TRUST ETF (ETHA) and Fidelity Ethereum Fund (FETH) saw inflows of $453 million and $224 million respectively, while Grayscale Ethereum Trust (ETHE) saw an outflow of $1.513 billion.
