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The week spanning August 5 to August 9, 2024, showcased varied investor activities across U.S. Ethereum ETFs, marked by both significant inflows and outflows. Notably, Grayscale’s ETHE registered a substantial net outflow of -95,221 ETH, which significantly reduced its holdings to 1,934,652 ETH. This indicates a notable shift in investor sentiment or strategic portfolio adjustments during the week.
Conversely, BlackRock’s ETHA and Fidelity’s FETH displayed strong investor confidence, with net inflows of +68,177 ETH and +18,750 ETH respectively. These inflows suggest a growing investor interest in these funds. Additionally, Grayscale’s smaller ETH fund saw an encouraging increase of +5,042 ETH. Other positive adjustments included VanEck’s ETHV and Franklin Templeton’s EZET, which experienced increases of +6,957 ETH and +1,900 ETH, respectively.
Bitwise’s ETHW and Invesco Galaxy’s QETH also reflected positive market movements with inflows of +4,806 ETH and +650 ETH. However, 21Shares’ CETH remained stable with no net change. Overall, these movements resulted in a total net inflow of +11,061 ETH from these ETFs, culminating in a combined holding of 2,822,890 ETH. This week’s activity underscores the dynamic nature of the Ethereum ETF market, reflecting the rapid shifts in market conditions and investor strategies.
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.
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