After four days of outflows, the BlackRock Ether ETF (ETHA) saw $118 million in inflows on July 30, 2024. Despite this, Ethereum’s price fell 1.21% to $3,274.43.
BlackRock CIO Samara Cohen announced that model portfolios might include Ether ETFs by year-end. In contrast, the Grayscale Ethereum ETF (ETHE) faced $120 million in outflows, totaling over $1.8 billion.
However, Grayscale’s mini-ETH and Fidelity FETH saw inflows of $12.4 million and $16.4 million, respectively. Analysts suggest ETH might remain stable in August, with potential gains in September driven by a Fed rate cut.
