- Fidelity Surges Ahead:
- Top Inflow: Fidelity’s Ethereum Fund led with an influx of 5,500 ETH on Friday.
- Weekly Gain: Added a total of 11,250 ETH over the past week.
- BlackRock Falls Behind:
- Zero Inflows: BlackRock’s iShares Ethereum Trust recorded no inflows on Friday.
- Weekly Performance: Despite this, BlackRock still boasts the largest weekly inflow, with 14,240 ETH secured.
- Grayscale’s Struggles:
- Massive Outflows: Grayscale’s Ethereum Trust faced significant losses, with 11,885 ETH (worth $31.61 million) exiting the fund on Friday.
- Weekly Loss: Grayscale has lost a staggering 61,901 ETH over the past week.
- Current Holdings: Despite the outflows, Grayscale’s fund still holds a substantial 1,830,266 ETH, valued at nearly $5 billion.
- Market Snapshot:
- Negative Netflow: Overall, the netflow for the nine spot Ethereum ETFs was -4,972 ETH on Friday.
- Other Movements: Grayscale Ethereum Mini Trust saw a modest gain of 1,602 ETH, while Invesco Galaxy Ethereum ETF dipped by 189 ETH.
- Spot Bitcoin ETFs:
- BlackRock Leads: In the Bitcoin ETF space, BlackRock’s iShares pulled in 1,252 BTC, outpacing its competitors.
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