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