Spot Ethereum ETFs record longest outflow streak amid drying investments

CoinMarketCap08-22

The spot Ether (ETH) exchange-traded funds (ETFs) of the United States have cumulatively lost investments for five straight days, recording its longest outflow within one month since their launch on ...

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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSpot Ethereum ETFs record longest outflow streak amid drying investments\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-08-22 16:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://coinmarketcap.com/community/articles/66c6f81e9a0d960742cd386d/><strong>CoinMarketCap</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The spot Ether (ETH) exchange-traded funds (ETFs) of the United States have cumulatively lost investments for five straight days, recording its longest outflow within one month since their launch on ...</p>\n\n<a href=\"https://coinmarketcap.com/community/articles/66c6f81e9a0d960742cd386d/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4554","symbol_name":"元宇宙及AR概念","start_time":0,"source_url":"https://coinmarketcap.com/community/articles/66c6f81e9a0d960742cd386d/","article_id":"2461367069","we_media_id":null,"thumbnails":["https://academy-public.coinmarketcap.com/srd-optimized-uploads/76ca13159ead45e69833580c643b6feb.jpeg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2461367069","pubTimestamp":1724315677,"sourceInfo":{"source_id":"coinmarketcap_highlight","name":"CoinMarketCap"},"weMediaInfo":null,"summary":"The spot Ether  exchange-traded funds  of the United States have cumulatively lost investments for five straight days, recording its longest outflow within one month since their launch on July 23.Most of the investments made by the recently approved nine Ethereum ETFs have been overshadowed by the Grayscale Ethereum Trust  outflows, which exceeded over $2.5 billion as of Aug. 21.Investments from ETHE have been offloaded daily, except on Aug. 12, when the Grayscale fund reported no net change in numbers, according to Farside Investors data.Total inflow and outflow of investments from US Ethereum ETF. Source: Farside Investors. As shown above, the ETH ETF ecosystem witnessed its longest streak of outflows, losing $92.2 million in five days from Aug. 15 to Aug. 21.During this period, Grayscale ETHE alone reported $158.6 million of outflows. However, comparable inflows from BlackRock’s iShares Ethereum Trust ETF , Fidelity Ethereum Fund  and Bitwise Ethereum ETF  helped reduce the damage.I","collect":0,"end_time":0,"defaultTopTitle":"coinmarketcap.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4554":"元宇宙及AR概念","ETH":"Grayscale Ethereum Mini Trust","EZET":"Franklin Ethereum Etf","GBTC":"Grayscale Bitcoin Trust","ETHA":"iShares Ethereum Trust ETF","BK4585":"ETF&股票定投概念","BK4594":"比特币ETF概念","FDN":"First Trust Dow Jones Internet I","BK4595":"比特币概念","BK4516":"特朗普概念","ETHE":"Grayscale Ethereum Trust","CETH":"21Shares Core Ethereum ETF","BK4535":"淡马锡持仓","BK4550":"红杉资本持仓","BK4588":"碎股","LU1861558580.USD":"日兴方舟颠覆性创新基金B","ETHV":"Vaneck Ethereum ETF","QETH":"Invesco Galaxy Ethereum ETF","ETHW":"Bitwise Ethereum ETF","BK4551":"寇图资本持仓","BK4547":"WSB热门概念","IBIT":"iShares Bitcoin Trust","BK4112":"金融交易所和数据","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","FETH":"Fidelity Ethereum Fund","BTC":"Grayscale Bitcoin Mini Trust","BK4539":"次新股","BK4023":"应用软件"},"translate_title":"由于投资枯竭，现货以太币ETF创下最长连续流出纪录","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CETH":1,"QETH":1,"GBTC":1,"FETH":1,"EZET":1,"ETHW":1,"ETHV":1,"ETHE":1,"ETHA":1,"ETH":1,"BTC":1,"IBIT":0.9,"FDN":0.9},"content_text":"The spot Ether (ETH) exchange-traded funds (ETFs) of the United States have cumulatively lost investments for five straight days, recording its longest outflow within one month since their launch on July 23.\nMost of the investments made by the recently approved nine Ethereum ETFs have been overshadowed by the Grayscale Ethereum Trust (ETHE) outflows, which exceeded over $2.5 billion as of Aug. 21.\nInvestments from ETHE have been offloaded daily, except on Aug. 12, when the Grayscale fund reported no net change in numbers, according to Farside Investors data. \n\n\nTotal inflow and outflow of investments from US Ethereum ETF. Source: Farside Investors\n\n\nAs shown above, the ETH ETF ecosystem witnessed its longest streak of outflows, losing $92.2 million in five days from Aug. 15 to Aug. 21. \nDefending against Grayscale outflows\nDuring this period, Grayscale ETHE alone reported $158.6 million of outflows. However, comparable inflows from BlackRock’s iShares Ethereum Trust ETF (ETHA), Fidelity Ethereum Fund (FETH) and Bitwise Ethereum ETF (ETHW) helped reduce the damage.\nIn contrast, the Grayscale ETH fund has not reported any outflows since its launch and maintains a positive cash flow of $231.9 million.\nETHA also became the first ETH ETF to bring in $1 billion in net inflows on Aug. 20. In total, the net ETH ETF investments currently stand at an outflow of (negative) $458.5 million.\nRelated: Spot Bitcoin ETFs attract investor interest despite August outflows\nCheck out Cointelegraph’s beginner guide to learn more about spot Ethereum exchange-traded funds.\nBitcoin ETFs attract investments\nOn the other hand, Bitcoin (BTC) ETF investments in the US, which were launched in January 2024, are a net positive of $17.5 billion. BTC ETFs maintain a positive balance sheet despite Grayscale Bitcoin Trust’s (GBTC) $19.6 billion outflows.\nMoreover, the spot Bitcoin ETFs have maintained positive flows for eight out of the last 10 days. On Aug. 20, the BTC ETFs saw an aggregate inflow of $88 million, their highest for two weeks, according to Farside Investors data.\nBlackRock’s iShares Bitcoin Trust (IBIT) led the pack with an inflow of $55.4 million, bringing the total net inflow for the product since its launch in January to $20.5 billion.\nMagazine: Dorsey’s ‘marketplace of algorithms’ could fix social media… so why hasn’t it?","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.26.4","shortVersion":"4.26.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2461367069"}