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Ethereum ETF Net Outflow Observed on August 2, 2024 | Flash News Detail | Blockchain.News
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8/3/2024 3:45:29 AM

Ethereum ETF Net Outflow Observed on August 2, 2024

Ethereum ETF Net Outflow Observed on August 2, 2024

According to Farside Investors, the total net flow of Ethereum ETFs on August 2, 2024, was -54.3 million USD, based on provisional data. The breakdown includes no net flow for ETHA, ETHW, CETH, ETHV, and QETH. FETH saw an inflow of 6 million USD, and EZET had an inflow of 1.1 million USD. However, ETHE experienced a significant outflow of 61.4 million USD. Traders should note this substantial outflow from ETHE, which may indicate a bearish sentiment towards Ethereum ETFs.

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Farside Investors

@FarsideUK

Farside Investors is a London based investment management company. Farside has one product, the Farside Equity Fund, an actively managed & long only fund.