Spot Ether ETFs See Second Straight Day of Net Inflows
US spot Ether exchange-traded funds (ETFs) have experienced net inflows for two consecutive trading days, according to data from SoSoValue. On September 4, these funds recorded a total of $26.46 million in net inflows, which is down about 81.3% compared to the previous day's $141.39 million. Cumulative net inflows over the past two days have reached $167.85 million.
BlackRock's iShares Ethereum Trust (ETHA) and ETHB, the Ethereum Staking ETF, drew in a combined total of $74.23 million. This includes $57.79 million into ETHA and $16.44 million into ETHB. Morgan Stanley's MSSE also posted net inflows of around $530,000.
However, Fidelity's Ethereum Fund (FETH) experienced $48.30 million in net outflows, which equates to about 19,670 Ether tokens. The remaining products, including Grayscale's ETHE and Ethereum Mini Trust, Bitwise's ETHW, and VanEck's ETHV, recorded no net inflows or outflows.