End of the hemorrhage? Since August 15, the Bitcoin (BTC) and Ethereum (ETH) ETFs were in the red, with significant capital outflows. But on August 21, the exchange-traded funds on ether have once again turned green. The fund proposed by BlackRock even captured hundreds of millions of dollars in this single listing day.
Key points of this article:
Ethereum ETFs had a green day on August 21 with $290 million in inflows, ending a series of four days of outflows.
BlackRock's ETHA fund stood out by capturing the majority of the flows, with $234 million in net inflows in one day.