Ethereum Spot ETFs Suffer Net Outflow Amid BlackRock's Strong Inflows
Ethereum spot ETFs experienced a significant net outflow of $11.4178 million on August 3, according to data from SoSoValue.
Despite this overall decline, BlackRock's Staked ETH ETF (ETHB) saw the highest single-day net inflow at $5.7791 million.
This influx brings ETHB's historical total net inflow to a substantial $550 million.
Morgan Stanley's Ethereum Trust (MSSE) followed closely behind with a net inflow of $603,300 in a single day, adding to its own historical total of $20.4623 million.