October 4, 2024 – According to data from Trader T, the Ethereum spot Exchange-Traded Fund (ETF) experienced a net outflow of $3.2 million yesterday. This slight dip reflects ongoing volatility and investor sentiment surrounding Ethereum in the current market landscape.
Notably, the BlackRock ETHA ETF reported a net inflow of $12.08 million, indicating that some investors are still optimistic about Ethereum and are choosing to allocate funds into this specific product. Conversely, the Grayscale ETHE ETF faced a net outflow of $14.69 million, suggesting a shift in investor confidence away from this particular vehicle.
