The U.S. Ethereum spot ETF ended its nine-day net outflow trend, and BlackRock ETHA recorded a net inflow of 8.4 million

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According to statistics from SoSo Value, the total net inflow of US Ethereum spot exchange-traded funds (ETF) yesterday (28th) was US$5.84 million, ending the trend of net outflows for nine consecutive trading days.

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U.S. Ethereum Spot ETF Daily Fund Flows (Source: SoSo Value )

The Ethereum spot ETFs that recorded net inflows yesterday were ETHA issued by BlackRock and Fidelity's FETH, with amounts of US$8.4 million and US$1.26 million respectively. The only ones that showed net outflows were Grayscale ) of ETHE, the amount was US$3.81 million, and the net fund flow of the other six funds was zero.

At the same time, the U.S. Bitcoin spot ETF recorded a net outflow of US$105 million yesterday, of which the largest net outflow was ARKB jointly issued by Ark Investment (Ark) and 21Shares, amounting to approximately US$59.27 million.

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U.S. Bitcoin Spot ETF daily fund flows (Source: SoSo Value )

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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