According to The Block: U.S. spot Ethereum exchange-traded funds recorded net inflows of $24.3 million, while spot Bitcoin exchange-traded funds recorded inflows of $38.9 million.
Grayscale’s ETHE turned negative again after having no flow the previous day.
On Tuesday, U.S. spot Ethereum exchange-traded funds recorded $24.34 million in net inflows, continuing positive flows from Monday. Meanwhile, the Grayscale Ethereum Trust (ETHE) turned negative again after reporting zero flows the day before.
Grayscale’s ETHE was the only spot Ethereum fund to report net outflows on Tuesday, with $31 million in outflows, according to SosoValue.
Inflows from three other funds offset this outflow. BlackRock’s ETHA was the fund with the largest inflows yesterday, recording $49.12 million in net inflows, after no flows the day before. Fidelity’s FETH recorded $5.41 million in net inflows, while Inveco’s QETH recorded $813,690 in inflows.
Total daily volume for the nine spot Ethereum exchange-traded funds was about $191 million on Tuesday, compared with $285.9 million on Monday.
Spot Bitcoin ETFs continue to maintain positive flows Meanwhile, according to SosoValue data, 12 U.S. spot Bitcoin ETFs recorded $38.94 million in net inflows on Tuesday.
This mainly came from the largest spot Bitcoin ETF, BlackRock's IBIT, which recorded $34.55 million in net inflows yesterday.
Fidelity’s FBTC followed closely with $22.56 million in net inflows, while BitShares’ BITB recorded $16.54 million in inflows.
Grayscale’s GBTC continued to see outflows, with $28.65 million in outflows, marking the ETF’s ninth consecutive day of outflows. Ark and 21Shares’ ARKB recorded $6 million in net outflows yesterday.
On Tuesday, the combined daily volume for the 12 ETFs was $1.18 billion, down slightly from Monday’s $1.3 billion.
According to The Block’s price page, Bitcoin price has risen 3.27% in the past 24 hours to $61,109. Ethereum has risen 2.1% to $2,713.