{"id":26107,"date":"2024-08-07T23:30:42","date_gmt":"2024-08-07T20:30:42","guid":{"rendered":"https:\/\/coinengineer.net\/blog\/?p=26107"},"modified":"2024-08-07T15:12:50","modified_gmt":"2024-08-07T12:12:50","slug":"blackrocks-spot-ether-exchange-traded-fund-etf-registers-significant-increase","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/blackrocks-spot-ether-exchange-traded-fund-etf-registers-significant-increase\/","title":{"rendered":"BlackRock&#8217;s Spot Ether Exchange Traded Fund (ETF) Registers Significant Increase"},"content":{"rendered":"<p><strong>BlackRock&#8217;s spot Ether exchange-traded fund (ETF)<\/strong> saw a significant inflow of $109.9 million on August 6, bringing its total inflows to $869.8 million since its launch on July 23.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_71 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/coinengineer.net\/blog\/blackrocks-spot-ether-exchange-traded-fund-etf-registers-significant-increase\/#Investor_Reaction_to_Market_Downturn\" title=\"Investor Reaction to Market Downturn\">Investor Reaction to Market Downturn<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/coinengineer.net\/blog\/blackrocks-spot-ether-exchange-traded-fund-etf-registers-significant-increase\/#Performance_and_Market_Trends\" title=\"Performance and Market Trends\">Performance and Market Trends<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/coinengineer.net\/blog\/blackrocks-spot-ether-exchange-traded-fund-etf-registers-significant-increase\/#Broader_Market_Impact\" title=\"Broader Market Impact\">Broader Market Impact<\/a><\/li><\/ul><\/nav><\/div>\n<h3><span class=\"ez-toc-section\" id=\"Investor_Reaction_to_Market_Downturn\"><\/span>Investor Reaction to Market Downturn<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>According to <strong>Farside Investors<\/strong>, this marked the third-largest inflow day for the iShares Ethereum Trust as investors sought to capitalize on Ether&#8217;s 18% price drop on August 5. ETF Store President Nate Geraci noted that the $870 million inflow positions BlackRock&#8217;s spot Ether ETF among the top six best-performing ETFs launched in 2024. Four of the other top-performing ETFs are spot Bitcoin ETFs, including BlackRock&#8217;s IBIT.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Performance_and_Market_Trends\"><\/span>Performance and Market Trends<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>BlackRock&#8217;s ETHA<\/strong> also recorded an inflow of $47.1 million on August 5 and 6, during the industry&#8217;s &#8220;Black Monday,&#8221; resulting in the liquidation of over $600 million in leveraged long positions. Despite the market crash, the combined inflows for ETHA on August 5 and 6 ranked among the top 10% of ETFs launched this year, Geraci stated. This success came despite spot Ether ETF issuers not offering staking yields or options trading.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Broader_Market_Impact\"><\/span>Broader Market Impact<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Spot Ether ETFs<\/strong> had their best day since their July 23 launch, with a combined inflow of $98.4 million on August 6. Fidelity&#8217;s spot Ethereum ETF reported the second-largest inflow of $22.5 million on August 6, while the Grayscale Ethereum Mini Trust and Franklin Ethereum ETF saw inflows of $4.7 million and $1 million, respectively. Anthony Sassano, host of the Ethereum show The Daily Gwei, commented, \u201cTradFi is slurping up that ETH.\u201d<\/p>\n<p>However, the higher-fee Grayscale Ethereum product ETHE was the only spot Ether ETF to record an outflow of $39.7 million. Despite the strong performance of ETHA, spot Ether ETFs experienced a total outflow of $473.9 million when accounting for the $2.2 billion outflow from Grayscale&#8217;s ETHE.<\/p>\n<p><strong>Ether<\/strong> showed a partial recovery, rising by 13.5% to $2,494 after hitting a low of $2,197 on August 5, according to CoinGecko data.<\/p>\n<p><i><span style=\"font-weight: 400;\">You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don\u2019t forget to follow us on our <\/span><\/i><a href=\"https:\/\/t.me\/coinengineernews\"><i><span style=\"font-weight: 400;\">Telegram, <\/span><\/i><\/a><a href=\"https:\/\/www.youtube.com\/@CoinEngineer\"><i><span style=\"font-weight: 400;\">YouTube<\/span><\/i><\/a><i><span style=\"font-weight: 400;\">, and <\/span><\/i><a href=\"https:\/\/twitter.com\/coinengineers\"><i><span style=\"font-weight: 400;\">Twitter<\/span><\/i><\/a><i><span style=\"font-weight: 400;\"> channels for the latest <\/span><\/i><a href=\"https:\/\/coinengineer.io\/news\/\"><i><span style=\"font-weight: 400;\">news<\/span><\/i><\/a><i><span style=\"font-weight: 400;\"> and updates.<\/span><\/i><\/p>\n","protected":false},"excerpt":{"rendered":"<p>BlackRock&#8217;s spot Ether exchange-traded fund (ETF) saw a significant inflow of $109.9 million on August 6, bringing its total inflows to $869.8 million since its launch on July 23. Investor Reaction to Market Downturn According to Farside Investors, this marked the third-largest inflow day for the iShares Ethereum Trust as investors sought to capitalize on<\/p>\n","protected":false},"author":6,"featured_media":26108,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9,1],"tags":[535,5423],"class_list":["post-26107","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","category-genel","tag-blackrock","tag-ether-etf"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>BlackRock&#039;s Spot Ether Exchange Traded Fund (ETF) Registers Significant Increase - Coin Engineer<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinengineer.net\/blog\/blackrocks-spot-ether-exchange-traded-fund-etf-registers-significant-increase\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BlackRock&#039;s Spot Ether Exchange Traded Fund (ETF) Registers Significant Increase - Coin Engineer\" \/>\n<meta property=\"og:description\" content=\"BlackRock&#8217;s spot Ether exchange-traded fund (ETF) saw a significant inflow of $109.9 million on August 6, bringing its total inflows to $869.8 million since its launch on July 23. Investor Reaction to Market Downturn According to Farside Investors, this marked the third-largest inflow day for the iShares Ethereum Trust as investors sought to capitalize on\" \/>\n<meta property=\"og:url\" content=\"https:\/\/coinengineer.net\/blog\/blackrocks-spot-ether-exchange-traded-fund-etf-registers-significant-increase\/\" \/>\n<meta property=\"og:site_name\" content=\"Coin Engineer\" \/>\n<meta property=\"article:published_time\" content=\"2024-08-07T20:30:42+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-08-07T12:12:50+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/08\/blackrock-ether.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"667\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Tanju Akb\u0131y\u0131k\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Tanju Akb\u0131y\u0131k\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/coinengineer.net\/blog\/blackrocks-spot-ether-exchange-traded-fund-etf-registers-significant-increase\/\",\"url\":\"https:\/\/coinengineer.net\/blog\/blackrocks-spot-ether-exchange-traded-fund-etf-registers-significant-increase\/\",\"name\":\"BlackRock's Spot Ether Exchange Traded Fund (ETF) Registers Significant Increase - Coin Engineer\",\"isPartOf\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/blackrocks-spot-ether-exchange-traded-fund-etf-registers-significant-increase\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/blackrocks-spot-ether-exchange-traded-fund-etf-registers-significant-increase\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/08\/blackrock-ether.jpg\",\"datePublished\":\"2024-08-07T20:30:42+00:00\",\"dateModified\":\"2024-08-07T12:12:50+00:00\",\"author\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/286f3a00b45c1661961e40ff0a1c7546\"},\"breadcrumb\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/blackrocks-spot-ether-exchange-traded-fund-etf-registers-significant-increase\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/coinengineer.net\/blog\/blackrocks-spot-ether-exchange-traded-fund-etf-registers-significant-increase\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/coinengineer.net\/blog\/blackrocks-spot-ether-exchange-traded-fund-etf-registers-significant-increase\/#primaryimage\",\"url\":\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/08\/blackrock-ether.jpg\",\"contentUrl\":\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/08\/blackrock-ether.jpg\",\"width\":1000,\"height\":667,\"caption\":\"blackrock ether\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/coinengineer.net\/blog\/blackrocks-spot-ether-exchange-traded-fund-etf-registers-significant-increase\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/coinengineer.net\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"BlackRock&#8217;s Spot Ether Exchange Traded Fund (ETF) Registers Significant Increase\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/coinengineer.net\/blog\/#website\",\"url\":\"https:\/\/coinengineer.net\/blog\/\",\"name\":\"Coin Engineer\",\"description\":\"Btc, Coins, Pre-Sale, DeFi, NFT\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/coinengineer.net\/blog\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/286f3a00b45c1661961e40ff0a1c7546\",\"name\":\"Tanju Akb\u0131y\u0131k\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/a027c5acae1ab2c3649244f87d705ac7ee359dd7e3222b84cb1d32ba3a8d2e18?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/a027c5acae1ab2c3649244f87d705ac7ee359dd7e3222b84cb1d32ba3a8d2e18?s=96&d=mm&r=g\",\"caption\":\"Tanju Akb\u0131y\u0131k\"},\"url\":\"https:\/\/coinengineer.net\/blog\/author\/cetanju\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"BlackRock's Spot Ether Exchange Traded Fund (ETF) Registers Significant Increase - Coin Engineer","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/coinengineer.net\/blog\/blackrocks-spot-ether-exchange-traded-fund-etf-registers-significant-increase\/","og_locale":"en_US","og_type":"article","og_title":"BlackRock's Spot Ether Exchange Traded Fund (ETF) Registers Significant Increase - Coin Engineer","og_description":"BlackRock&#8217;s spot Ether exchange-traded fund (ETF) saw a significant inflow of $109.9 million on August 6, bringing its total inflows to $869.8 million since its launch on July 23. Investor Reaction to Market Downturn According to Farside Investors, this marked the third-largest inflow day for the iShares Ethereum Trust as investors sought to capitalize on","og_url":"https:\/\/coinengineer.net\/blog\/blackrocks-spot-ether-exchange-traded-fund-etf-registers-significant-increase\/","og_site_name":"Coin Engineer","article_published_time":"2024-08-07T20:30:42+00:00","article_modified_time":"2024-08-07T12:12:50+00:00","og_image":[{"width":1000,"height":667,"url":"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/08\/blackrock-ether.jpg","type":"image\/jpeg"}],"author":"Tanju Akb\u0131y\u0131k","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Tanju Akb\u0131y\u0131k","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/coinengineer.net\/blog\/blackrocks-spot-ether-exchange-traded-fund-etf-registers-significant-increase\/","url":"https:\/\/coinengineer.net\/blog\/blackrocks-spot-ether-exchange-traded-fund-etf-registers-significant-increase\/","name":"BlackRock's Spot Ether Exchange Traded Fund (ETF) Registers Significant Increase - Coin Engineer","isPartOf":{"@id":"https:\/\/coinengineer.net\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/coinengineer.net\/blog\/blackrocks-spot-ether-exchange-traded-fund-etf-registers-significant-increase\/#primaryimage"},"image":{"@id":"https:\/\/coinengineer.net\/blog\/blackrocks-spot-ether-exchange-traded-fund-etf-registers-significant-increase\/#primaryimage"},"thumbnailUrl":"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/08\/blackrock-ether.jpg","datePublished":"2024-08-07T20:30:42+00:00","dateModified":"2024-08-07T12:12:50+00:00","author":{"@id":"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/286f3a00b45c1661961e40ff0a1c7546"},"breadcrumb":{"@id":"https:\/\/coinengineer.net\/blog\/blackrocks-spot-ether-exchange-traded-fund-etf-registers-significant-increase\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/coinengineer.net\/blog\/blackrocks-spot-ether-exchange-traded-fund-etf-registers-significant-increase\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/coinengineer.net\/blog\/blackrocks-spot-ether-exchange-traded-fund-etf-registers-significant-increase\/#primaryimage","url":"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/08\/blackrock-ether.jpg","contentUrl":"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/08\/blackrock-ether.jpg","width":1000,"height":667,"caption":"blackrock ether"},{"@type":"BreadcrumbList","@id":"https:\/\/coinengineer.net\/blog\/blackrocks-spot-ether-exchange-traded-fund-etf-registers-significant-increase\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/coinengineer.net\/blog\/"},{"@type":"ListItem","position":2,"name":"BlackRock&#8217;s Spot Ether Exchange Traded Fund (ETF) Registers Significant Increase"}]},{"@type":"WebSite","@id":"https:\/\/coinengineer.net\/blog\/#website","url":"https:\/\/coinengineer.net\/blog\/","name":"Coin Engineer","description":"Btc, Coins, Pre-Sale, DeFi, NFT","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/coinengineer.net\/blog\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/286f3a00b45c1661961e40ff0a1c7546","name":"Tanju Akb\u0131y\u0131k","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/a027c5acae1ab2c3649244f87d705ac7ee359dd7e3222b84cb1d32ba3a8d2e18?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/a027c5acae1ab2c3649244f87d705ac7ee359dd7e3222b84cb1d32ba3a8d2e18?s=96&d=mm&r=g","caption":"Tanju Akb\u0131y\u0131k"},"url":"https:\/\/coinengineer.net\/blog\/author\/cetanju\/"}]}},"_links":{"self":[{"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/posts\/26107","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/comments?post=26107"}],"version-history":[{"count":3,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/posts\/26107\/revisions"}],"predecessor-version":[{"id":26143,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/posts\/26107\/revisions\/26143"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/media\/26108"}],"wp:attachment":[{"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/media?parent=26107"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/categories?post=26107"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/tags?post=26107"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}