Spot Ethereum ETFs Record $39 Million Net Outflows As Nasdaq ISE, LLC Withdraws Options Listing Proposals For Both BTC And ETH Funds
US Spot Ethereum ETFs (exchange-traded funds) recorded $39.21 million net outflows yesterday as Nasdaq ISE, LLC files two notices to withdraw proposals to list options on both spot Bitcoin and Ethereum ETFs. The Grayscale Ethereum Trust (ETHE) was the only fund to register outflows on Aug. 15 after $42.52 million left the ETF, according to data from SosoValue . Spot Ethereum ETFs Record Minimal Flows The Grayscale Ethereum Mini Trust (ETH) recorded zero flows yesterday after achieving moderate net inflows of $2.26 million the previous day. Meanwhile, Fidelity’s FETH saw $2.54 million enter its fund. Similarly, BlackRock’s ETHA recorded $770,350 inflows on the same day. All of the remaining ETFs recorded no flows. Yesterday’s outflows brought an end to a three-day positive streak. The total trading activity across the funds did, however, increase to $240.58 million. This uptick in activity follows the $155.91 volume recorded on Aug. 14 and the $190.76 million on A...