💦💦Ether ETFs can't stop bleeding 💦💦

On the first business day of the week, $79.21 million in outflows occurred in spot Ether ETFs, which was recorded as the biggest loss in recent times. According to Sosovalue data, Grayscale Ethereum Trust (ETHE) made an outflow of $80.55 million, making it the only Ether ETF to trend negative in the September 23 session.

Bitwise's ETHW ETF saw a net inflow of $1.34 million, while the other seven ether ETFs closed with zero flow. The trading volume of a total of nine ETFs listed in the US was determined as approximately $165 million. As of Tuesday morning, ETH was trading at $2,640.

Inflows in Bitcoin ETFs were limited. Unlike Ether funds, spot Bitcoin ETFs in the US attracted attention with a net inflow of $4.56 million. This is the third day in a row that BTC funds have seen inflows. Fidelity’s FBTC ETF provided the highest inflow with $24.93 million, while BlackRock’s IBIT recorded a net inflow of $11.54 million. Grayscale reported an inflow of $8.42 million with its BTC fund.

Grayscale’s GBTC fund, which did not record inflows for the previous two days, closed the day with a net outflow of $40.33 million. GBTC was the only Bitcoin ETF to experience an outflow on Monday.

The total trading volume of 12 spot Bitcoin ETFs was recorded as $949.72 million. The leading cryptocurrency is currently trading at $63,330.

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