From July 29 to August 2, 2024, the weekly net flow of Ethereum across various U.S. ETFs reflects a mixed sentiment in the market. Grayscale’s ETHE saw a significant net outflow of -361,812 ETH, which substantially impacted the overall net flow. However, Grayscale’s other fund, ETH, experienced a positive inflow of +43,572 ETH, balancing some of the outflows.

BlackRock’s ETHA ETF had a strong positive net inflow of +110,607 ETH, indicating solid investor interest. Similarly, Fidelity’s FETH ETF saw an inflow of +34,000 ETH, and Bitwise’s ETHW gained +11,622 ETH.

Franklin Templeton’s EZET and VanEck’s ETHV also reported positive inflows of +3,800 ETH and +7,323 ETH, respectively, with smaller gains seen in 21Shares’ CETH at +1,000 ETH. Invesco Galaxy’s QETH, however, reported a slight outflow of -14 ETH.

Overall, the total Ethereum holdings across these ETFs amounted to 2,811,829 ETH, with a net weekly outflow of -149,902 ETH, equivalent to a value decrease of approximately -$434.1 million. This week’s data highlights significant movements and investor activity within the Ethereum ETF market.

Disclaimer: Market capitalizations and data can vary in real-time. The information provided here is intended purely for educational purposes and should not, under any circumstances, be construed as financial advice.

Join CryptoCrunchApp on Telegram Channels – Click to Join