Sunday, August 24, 2025
No Result
View All Result
Coin Digest Daily
  • Home
  • Bitcoin
  • Crypto Updates
    • General
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • Metaverse
  • Web3
  • DeFi
  • Analysis
  • Scam Alert
  • Regulations
Marketcap
  • Home
  • Bitcoin
  • Crypto Updates
    • General
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • Metaverse
  • Web3
  • DeFi
  • Analysis
  • Scam Alert
  • Regulations
No Result
View All Result
Coin Digest Daily
No Result
View All Result

US-traded spot Ethereum ETFs amass $2 billion in inflows

22 August 2024
in Ethereum
Reading Time: 2 mins read
0 0
A A
0
Home Ethereum
Share on FacebookShare on Twitter



Spot Ethereum (ETH) exchange-traded funds (ETFs) inflows surpassed $2 billion in practically 4 weeks, when excluding Grayscale’s ETHE outflows of practically $2.5 billion, based mostly on Farside Buyers’ knowledge.

ETF Retailer CEO Nate Geraci highlighted that if this cumulative worth is taken into account underneath one ETF, it could equate to the fourth-largest ETF launch thus far. 

The three different ETF launches besting the cumulative Ethereum ETFs are all spot Bitcoin (BTC) ETFs: BlackRock’s IBIT, Constancy’s FBTC, and ARK 21Shares’ ARKB.

Geraci added:

“By itself, iShares Ethereum ETF = prime 7 ETF launch.” 

Bloomberg senior ETF analyst Eric Balchunas shared that the ETFs’ year-to-date flows have reached $911 billion globally. The $17 billion in web flows registered by US-traded spot crypto ETFs signify practically 2% of the whole international flows.

Notably, IBIT is the third-largest ETF by inflows, inching nearer to $20.5 billion. FBTC additionally ranks among the many largest funds, with practically $10 billion in inflows.

Ethereum ETFs lagging

Regardless of breaching the $2 billion mark in cumulative inflows, spot Ethereum ETFs’ efficiency remains to be lagging behind that of their Bitcoin counterparts.

Bitfinex analysts attribute this to Ethereum’s total weak efficiency over the previous few weeks, with the crypto down 40% prior to now month.

Soar Crypto, Wintermute, and Movement Merchants have offered 130,000 ETH cumulatively for the reason that Ethereum ETFs have been launched. Moreover, the macroeconomic panorama was lately shaken by the sharp rate of interest hike in Japan, which dampened the chance urge for food available in the market.

Aurelie Barthere, Principal Analysis Analyst at Nansen, additionally shared with CryptoSlate that the crypto market’s sell-off in March resulted in important realized losses, particularly for merchants engaged in a number of crypto narratives.

Moreover, a second sell-off between July and August occurred and shone a lightweight on a rising correlation with equities. This has additional pressured Ether amid stable however slowing US progress and stretched valuations in conventional danger belongings like US equities.

Talked about on this article

Newest Alpha Market Report



Source link

Tags: amassBillionETFsEthereuminflowsSpotUStraded
Previous Post

Why Investors Are Starting to Pass on AI Startups | Entrepreneur

Next Post

Nearly Half of All Corporate Election Spending in 2024 Cycle Comes from Crypto Companies, Study Finds

Related Posts

Ethereum Open Interest Jumps 10% As $3.18B In New Positions Flood In
Ethereum

Ethereum Open Interest Jumps 10% As $3.18B In New Positions Flood In

23 August 2025
Ethereum breaks above 2021 all-time high after blistering 15% rally
Ethereum

Ethereum breaks above 2021 all-time high after blistering 15% rally

23 August 2025
Protocol Update 002 – Scale Blobs | Ethereum Foundation Blog
Ethereum

Protocol Update 002 – Scale Blobs | Ethereum Foundation Blog

23 August 2025
Whale Loads Up $300M Ethereum Onchain: Did He Just Catch The Bottom?
Ethereum

Whale Loads Up $300M Ethereum Onchain: Did He Just Catch The Bottom?

22 August 2025
MetaMask enters stablecoin scene with mUSD launch on Ethereum and Linea
Ethereum

MetaMask enters stablecoin scene with mUSD launch on Ethereum and Linea

22 August 2025
Wormhole Foundation challenges LayerZero’s $110M Stargate acquisition proposal
Ethereum

Wormhole Foundation challenges LayerZero’s $110M Stargate acquisition proposal

21 August 2025
Next Post
Nearly Half of All Corporate Election Spending in 2024 Cycle Comes from Crypto Companies, Study Finds

Nearly Half of All Corporate Election Spending in 2024 Cycle Comes from Crypto Companies, Study Finds

Algorand Price Prediction for Today, August 21 – ALGO Technical Analysis

Algorand Price Prediction for Today, August 21 – ALGO Technical Analysis

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest
FTT jumps 7% as Backpack launches platform to help FTX victims liquidate claims – CoinJournal

FTT jumps 7% as Backpack launches platform to help FTX victims liquidate claims – CoinJournal

19 July 2025
PENDLE token goes live on BeraChain and HyperEVM to expand cross-chain utility – CoinJournal

PENDLE token goes live on BeraChain and HyperEVM to expand cross-chain utility – CoinJournal

30 July 2025
A Russian Hacking Group Is Using Fake Versions of MetaMask to Steal $1M in Crypto – Decrypt

A Russian Hacking Group Is Using Fake Versions of MetaMask to Steal $1M in Crypto – Decrypt

10 August 2025
Ethereum Reclaims $4,600 With Unprecedented $1 Billion In Spot ETF Inflow

Ethereum Reclaims $4,600 With Unprecedented $1 Billion In Spot ETF Inflow

13 August 2025
XRP Price Blasts Higher by 10%, Bulls Eye Even Bigger Gains

XRP Price Blasts Higher by 10%, Bulls Eye Even Bigger Gains

8 August 2025
PEPE Gears Up For 120% Move As Indicators Point To An End Of Decline | Bitcoinist.com

PEPE Gears Up For 120% Move As Indicators Point To An End Of Decline | Bitcoinist.com

8 August 2025
AUSTRAC Orders Binance Australia to Appoint Auditor Over AML Failings – Regulation Bitcoin News

AUSTRAC Orders Binance Australia to Appoint Auditor Over AML Failings – Regulation Bitcoin News

24 August 2025
What Is a Crypto Sniper? Inside the High-Speed Traders Dominating Meme Coin Launches – Learning – Insights Bitcoin News

What Is a Crypto Sniper? Inside the High-Speed Traders Dominating Meme Coin Launches – Learning – Insights Bitcoin News

24 August 2025
Analyst Says Dogecoin Price Is Entering Expansion Phase – Here’s What It Means

Analyst Says Dogecoin Price Is Entering Expansion Phase – Here’s What It Means

24 August 2025
Ethereum’s Tech Edge Could Outshine Bitcoin — Here’s How | Bitcoinist.com

Ethereum’s Tech Edge Could Outshine Bitcoin — Here’s How | Bitcoinist.com

23 August 2025
IRS Loses Top Crypto Enforcer After Only 90 Days on the Job

IRS Loses Top Crypto Enforcer After Only 90 Days on the Job

23 August 2025
Stop treating tokens like payday buttons — they’re infrastructure

Stop treating tokens like payday buttons — they’re infrastructure

23 August 2025
Facebook Twitter Instagram Youtube RSS
Coin Digest Daily

Stay ahead in the world of cryptocurrencies with Coin Digest Daily. Your daily dose of insightful news, market trends, and expert analyses. Empowering you to make informed decisions in the ever-evolving blockchain space.

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • NFT
  • Regulations
  • Scam Alert
  • Web3

SITEMAP

  • About us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2024 Coin Digest Daily.
Coin Digest Daily is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Bitcoin
  • Crypto Updates
    • General
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • Metaverse
  • Web3
  • DeFi
  • Analysis
  • Scam Alert
  • Regulations

Copyright © 2024 Coin Digest Daily.
Coin Digest Daily is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • bitcoinBitcoin(BTC)$114,952.00-0.75%
  • ethereumEthereum(ETH)$4,767.230.92%
  • rippleXRP(XRP)$3.04-0.62%
  • tetherTether(USDT)$1.000.01%
  • binancecoinBNB(BNB)$873.08-1.84%
  • solanaSolana(SOL)$207.470.88%
  • usd-coinUSDC(USDC)$1.000.00%
  • staked-etherLido Staked Ether(STETH)$4,756.220.95%
  • dogecoinDogecoin(DOGE)$0.232940-1.89%
  • tronTRON(TRX)$0.3656971.38%