Yesterday, July 24, the Ethereum ETFs‘ second trading day saw mixed performance across various providers. Data from Farside Investors shows that BlackRock’s ETHA increased by $17.4 million, Fidelity’s FETH rose by $74.5 million, and 21 Shares’ CETH remained unchanged. VanEck’s ETHV experienced a $19.8 million increase, while Bitwise’s ETHW grew by $29.6 million. Invesco’s QETH and Franklin’s EZET showed modest gains of $2.5 million and $3.9 million, respectively.
Conversely, Grayscale’s ETHE dropped significantly by $326.9 million, while its Mini ETF (ETH) increased by $45.9 million. Overall, this day’s total net change in Ethereum ETFs decreased by $133.3 million.
Ethereum ETFs currently have a negative net inflow of $25.7 million across the two days.
Ethereum ETFs – July 24, 2024
Ethereum ETFs
Flow ($M)
ETHA (BlackRock)
17.4
FETH (Fidelity)
74.5
ETHW (Bitwise)
29.6
CETH (21 Shares)
0.0
ETHV (VanEck)
19.8
QETH (Invesco)
2.5
EZET (Franklin)
3.9
ETHE (Grayscale)
-326.9
ETH (Grayscale)
45.9
Total
-133.3
In comparison, Bitcoin ETFs exhibited a more volatile session. BlackRock’s IBIT reported a minor increase of $66 million, while Fidelity’s FBTC gained a slight $1.4 million. ARK’s ARKB and Invesco’s BTCO noted more minor upticks of $3.3 million each.
However, WisdomTree’s BTCW fell by $26.2 million, reflecting a broader downward trend. The overall change in Bitcoin ETFs on July 24 was a modest increase of $44.5 million after breaking their streak of inflows the day before, where they saw a net outflow of $78 million.
Bitcoin ETFs – July 24, 2024
Bitcoin ETFs
Flow ($M)
IBIT (BlackRock)
66.0
FBTC (Fidelity)
1.4
BITB (Bitwise)
0.0
ARKB (ARK)
3.3
BTCO (Invesco)
0.0
EZBC (Franklin)
0.0
BRRR (CoinShares)
0.0
HODL (VanEck)
0.0
BTCW (WisdomTree)
-26.2
GBTC (Grayscale)
0.0
DEFI (Hashdex)
0.0
Total
44.5
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