Deniz 
On Thursday, their third day of trading, the nine American spot Ethereum exchange-traded funds saw $152.3 million in net withdrawals, extending the losses from the previous day.
With $346.22 million in net outflows, the Grayscale Ethereum Trust (ETHE) was the only one showing outflows among the ether funds, according to SosoValue statistics.
The inflows from the other funds balanced the major outflows. With $70.93 million in net inflows, BlackRock’s ETHA topped the race, followed by Grayscale Ethereum Mini Trust’s $58.09 million, Fidelity FESH’s $34.32 million, and Bitwise ETHW’s $16.34 million.
While Invesco’s QEH posted $6.24 million in net inflows, VanEck’s ETHV likewise saw $8 million in net flows. On Thursday, the two other spot ETFs under Franklin and 21Shares saw nil flows. The nine ether funds‘ $152.3 million withdrawals matched Wednesday’s $133 million outflows.
Based on Yahoo Finance statistics, the spot ether funds‘ overall daily trading volume on Thursday came to over $860.8 million. On Tuesday, the funds had trading volumes of $1.05 billion and on Wednesday, $944.6 million. Following Wednesday’s $44.51 million inflows, the 11-spot bitcoin ETFs in the U.S. had $31.16 million in net inflows on Thursday.
SosoValue data shows BlackRock’s IBIT at $70.75 million in net inflows, while Grayscale’s GBTC had $39.59 million depart the fund. On Thursday, the rest of the bitcoin ETFs had nil flows. Comparatively to Wednesday’s $1.5 billion and Tuesday’s $2.34 billion, the spot bitcoin funds’ overall daily trading volume was $1.51 billion.
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