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The weekly net flow of Ethereum ETFs in the United States showcases dynamic shifts in Ethereum holdings among key players in the market. From the week spanning August 26 to August 30, 2024, significant movements were recorded.
Grayscale’s larger fund, ETHE, saw a notable decrease, with an outflow of 20,662 ETH, despite holding a massive total of 1,809,604 ETH. On the other hand, its smaller ETH fund gained 1,413 ETH, signaling mixed sentiments within the same institution.
BlackRock’s ETHA notably led gains with an influx of 3,333 ETH, while Bitwise’s ETHW and Fidelity’s FETH followed closely with net inflows of 1,219 ETH and 1,250 ETH, respectively. This suggests increasing investor confidence in these funds.
Conversely, Franklin Templeton’s EZET experienced a reduction, with a net outflow of 380 ETH, indicating some movement away from this smaller fund.
In total, the combined movements across all funds resulted in a net decrease of 12,687 ETH, valued at approximately $31.4 million, emphasizing the significant capital and investment adjustments occurring weekly in the U.S. Ethereum ETF space.
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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