Crypto
U.S. Spot Ether ETFs Register Zero Net Flows for First Time in Nine Months
U.S. spot Ether exchange-traded funds (ETFs) experienced their first zero-net-flow day in about nine months, according to data from SoSoValue.
The 11 U.S. spot Ether ETFs had a net flow of $0 on Aug. 14, marking the first time this has happened since Nov. 10, a span of 277 days.
Despite zero net flows, trading volume reached $340.27 million, indicating that activity in these funds did not cease entirely.
The cumulative net inflows into spot Ether ETFs remained at $11.45 billion, with total net assets standing at $10.52 billion, equivalent to 4.64% of Ethereum's market capitalization.