Ether ETFs Record First Week Of Positive Net Inflows Since Launch

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Author: Nidhi Kolhapur

Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on Cryptocurrency and Blockchain.

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.

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