U.S. spot Ethereum exchange-traded funds recorded $106.7 million in net inflows on its first day of trading, with over $1 billion in trading volume. The nine different ether ETFs from eight issuers began trading on Tuesday. The Grayscale Ethereum Trust (ETHE) saw $484.1 million in net outflows — the only one logging outflows among the funds, according to data from SosoValue.Blackrock’s ETHA led the inflow pack with $266.55 million, followed by Bitwise ETHW’s $204 million, Fidelity FETH’s $71.31 million, and Grayscale’s Ethereum Mini Trust with $15.15 million in net inflows. The total trading volume for the nine ether ETFs amounted to $1.05 billion, according to Yahoo Finance data compiled by The Block Pro Research. These spot Ethereum ETFs have already amassed over $10 billion in assets under management, SosoValue data shows. Meanwhile, spot bitcoin ETFs in the U.S. saw $77.97 million flow out of the funds on Tuesday, ending a 12-day streak of positive flows, SosoValue data showed. Bitwise’s BITB logged $70.32 million in net outflows — the largest net outflows among the ETFs. That was followed by Ark and 21Shares ARKB’s $52.29 million and Grayscale GBTC’s $27.31 million in net outflows.
Home / News / DeFi Home /This article is sourced from the internet: Blockchain Futurist Conference: Canada’s Largest Web3 Event Takes Place Aug 13-14, 2024 in TorontoRelated: Manta CeDeFi Crossed $100M In TVL After One WeekHome / News / DeFi Home /This article is sourced from the internet: Manta CeDeFi Crossed $100M In TVL After One WeekRelated: GameCene, a Pioneer in Building the Web3 Gaming Ecosystem, Secures $1.4 Million in Seed FundingGameCene, a Web3 game publishing platform, has announced the successful completion of its seed funding round, raising $1.4 million. This funding will fuel GameCene’s growth, accelerate the development of its platform, expand its diverse game library, and further streamline the management and monetization of user assets. GameCene: A Catalyst for the Web3 Gaming Revolution GameCene’s mission is to bridge…