Spot Ethereum ETFs in the United States started the week on a positive note despite Monday's market decline that saw the ETH price fall below $2,200.
Farside Investors data shows that Spot Ethereum ETFs attracted net inflows of $48.8 million on Aug. 5.
The bulk of those inflows, amounting to $47.1 million, were provided by BlackRock’s ETHA, bringing the fund’s total inflows above the $759 million mark.
VanEck’s ETHV and Fidelity’s FETH also performed well, receiving $16.6 million and $16.2 million, respectively.
Grayscale’s mini ETF and Bitwise’s ETHW saw inflows of $7.6 million and $7.2 million. Meanwhile, Franklin Templeton’s EZET registered inflows of $900,000.
Conversely, Grayscale’s ETHE continued to register negative results, with $46.8 million withdrawn on August 5, bringing total outflows to $2.163 billion.
#BTCMarketPanic #MarketDownturn #BinanceTurns7 #SOFR_Spike #Write2Earn!
