Ether ETFs End Six-Day Outflow With Significant Inflow
- Ether ETFs received a $44 million inflow, breaking a six-day losing streak.
- The inflow for ether ETFs was led solely by ETHA.
- Bitcoin ETFs posted $23 million in net inflows on Tuesday.
- Blackrock’s IBIT was the sole driver of the bitcoin ETF inflows.
On Tuesday, ether ETFs saw a reversal of their recent trend with a substantial $44 million inflow, marking the end of their six-day outflow period, thanks to ETHA’s performance. Meanwhile, bitcoin ETFs experienced $23 million in net inflows, primarily driven by Blackrock’s IBIT.
This influx into ether ETFs highlights a significant shift after days of outflows and contrasts with the more modest gains seen in bitcoin ETFs despite Blackrock’s influence. (Source)
