Spot Ethereum exchange-traded funds in the US saw net outflows of $2.81 million on September 29. This event concluded a seven-day period of inflows that attracted approximately $850.8 million into these financial products. The streak, which started on September 18, followed a three-day outflow phase that saw $404.8 million withdrawn from the funds.
During the peak of the inflow period, the funds added $689.88 million in the week ending September 25. On September 29, the ETHA fund managed by BlackRock recorded an outflow of $8.94 million, while the Ethereum Mini Trust from Grayscale saw an inflow of $12.83 million. Currently, Ethereum ETFs hold $17.79 billion in net assets.
In contrast, Bitcoin ETFs continued their growth, recording $66.19 million in inflows on September 29, marking their ninth consecutive session of positive movement. Despite the recent capital inflows into Ethereum products, the price of ETH declined by 3.32% over the past seven days, trading at $2,673.54 at the time of the report.
