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The Hong Kong Spot Ether ETF recorded no net flows on Monday.

Funding • May 21, 2024 3:35 AM EDT

Posted 1 minute ago In ~

The outlook for U.S. spot Ether exchange-traded funds turned bullish on Monday, while Hong Kong’s three spot Ether ETFs recorded zero flows.

The ETF, managed by China Asset Management, Harvest, Bosera and HashKey, reportedly recorded zero flows yesterday after recording a total net outflow of 31.32 ETH on Friday. data In small value. Their combined net worth stood at $41.14 million as of Monday, the data showed.

Meanwhile, Hong Kong’s three spot Bitcoin ETFs attracted net inflows totaling 99.8 BTC on Monday. This followed a net inflow of 93.57 BTC on Friday and a net outflow of 200.27 BTC on Thursday.

In the United States, 11 spot Bitcoin ETFs reported inflows for the sixth straight day on Monday. Attracted $241.12 million. The product has seen net inflows totaling more than $1.18 billion over the past six days.

The U.S. Securities and Exchange Commission It is known that a request was made to the company. I am looking to list a spot ether ETF to update my documents. Bloomberg ETF analysts James Seyffart and Eric Balchunas said the SEC would likely approve such a product. Increased from 25% to 75%.


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