🚀 Latest Crypto News! 🚀

- On August 2, the Ethereum ETF market witnessed major fluctuations with historic net withdrawals reaching $2,117 billion.

- According to SoSoValue, the total net outflow of Ethereum ETFs reached $54.27 million, of which Grayscale's ETHE accounted for $61.43 million.

- Grayscale’s ETHE continues to struggle with strong outflows, while Grayscale Ethereum Mini Trust ETF ETH remains steady with $201 million in inflows.

- Fidelity's Ethereum ETF (FETH) recorded the largest inflow at $6.0176 million, bringing total inflow to $297 million.

- Franklin Templeton ETF (EZET) also had positive inflows of $1.1433 million, for a total of $30.6733 million.

- The total net asset value of Ethereum ETFs is currently $8.332 billion, with an ETF net asset ratio of 2.29%.

- On August 1, Ether ETFs in the US recorded inflows of $26.7 million, led by BlackRock's iShares Ethereum Trust (ETHA) with $89.6 million.

- Current ETH price is $2,987, down about 5.71% since the launch of ETFs.

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