The post Ether ETFs Record First Week Of Positive Net Inflows Since Launch appeared first on Coinpedia Fintech News
The nine newly launched ETH ETFs had positive overall net inflows of $104.8 million for the week beginning August 5. Six of them had overall positive net flows for the week, with BlackRock’s iShares Ethereum Trust leading the pack with $188.4 million. Fidelity’s Ethereum Fund, had $44.65 million in inflows last week. The other four ETFs with aggregate inflows last week were Grayscale’s Mini Ethereum Trust with $19.8 million, the VanEck Ethereum ETF with $16.6 million, the Bitwise Ethereum ETF with $11.7 million, and the Franklin Ethereum ETF with $3.7 million.