Spot Ethereum ETFs sheds $55 million recording no inflows for the day

December 27, 20240Comments

Fidelity Outperforms Blackrock as Ethereum ETFs Pull in $117 million

Fidelity’s FETH outperformed Blackrock’s ETHA as the nine-spot Ethereum ETFs pulled in $117 million yesterday. Blackrock’s ETHA and IBIT for the first time in a long time failed to lead inflows in the Bitcoin and Ethereum ETFs. Blackrock was outperformed by Fidelity on both Exchange Traded Funds, a rare occurrence since both ETFs were launched…

December 27, 20240Comments

Mystery Whale Deposits $417 Million in Ethereum to Aave on Christmas Day

On Christmas Day, a whale transferred 125,000 ETH ($417 million) to Aave, showcasing the platform's growing activity amid DeFi's rapid innovations. 125,000 ETH Moved to Aave Amid Holiday Festivities A significant transaction involving 125,000 Ethereum (ETH), worth $417 million, was made to the decentralized finance (DeFi) platform Aave on December 25, 2024. The deposit, linked…

ByGabriel Okokhuele Eromonsele

December 25, 20240Comments

Spot Ethereum ETFs pull in $53.6 million recording no outflows

Spot Ethereum ETFs pulled in $53.6 million yesterday recording no outflows for the day. This is the 11th time since the first week of December that Ether ETFs have closed the trading day with a positive balance sheet recording only three red days since then. However, the $53.6 million inflow is a steep drop from…

December 24, 20240Comments

Blackrock’s ETHA recovers from a $103 million outflow, pulls in $89.5 million

Blacrock’s Spot Ethereum ETF ETHA recovered from a massive outflow of $103 million last week to pull in $89.5 million yesterday. The trading activity is about the only significant activity that occurred on Ethereum ETFs for the day as a whopping five exchange-traded funds recorded no transaction for the day. The nine Spot ethereum ETFs…

December 19, 20240Comments

Three ETF products lose $79.4 million as Ethereum ETFs pull in only $2.5 million

Three out of the nine existing Ethereum ETF products recorded an outflow of $79.4 million yesterday draining the Ethereum ETFs. The Ether ETFs were left with a balance sheet of $2.5 million following the significant outflows from the three ETF products. Farside Investors UK revealed that Grayscale’s ETHE, Grayscale’s ETH, and Bitwise's ETHW recorded outflows…

December 18, 20240Comments

Spot Ethereum ETFs record no outflows for the day pulling in $144 million

The nine-spot ethereum ETFs surprisingly recorded no outflows for the day while pulling in a commendable $144 million. The $144 million pulled in by the Ethereum ETFs is an encouraging figure compared to yesterday's $51 million. Farside Investors UK data revealed that Blackrock’s ETHA recorded the highest inflow for the day pulling in $134 million. …

December 17, 20240Comments

Spot Ethereum ETFs record poor inflow of $51 million despite surge in Ether price

The nine-spot ethereum ETFs recorded a poor inflow of $51 million only despite Ethereum surging past the $4,000 mark yesterday. The poor performance is a sharp contrast from last week when the Ether ETFs pulled in over $852 million during the five trading days. Ether ETFS started the week pulling in only $51 million despite…

December 16, 20240Comments

Ethereum crosses the $4k mark for the second time in three months

Ethereum, the second largest crypto asset by market capitalization crossed the $4000 price threshold for the second time in over three months today. The crypto asset hit $4,012 in the early hours of Monday as it closes in on its three-year all-time high of $4,878. This is the second time Ethereum has crossed this price…