Ether spot ETFs, which were given the green light by the SEC in the US in May and the final approval was given earlier this week, were opened for trading for the first time yesterday. ETFs closed the day at a plus of $106.78 million.

Outflows from Grayscale again

As with Bitcoin spot ETFs, Grayscale’s main fund ETHE saw large outflows. ETHE, by far the most expensive fund with a 2.5% transaction fee, was sold by its investors. There was a net outflow of $484.1 million from ETHE.

Ethereum Mini Trust, another fund of Grayscale, received an investment of $15 million. This fund stood out as the cheapest product in this sense with a transaction fee rate of 0.15%.

The BlackRock fund (ETHA) received the most investment with $266 million, while the Bitwise fund (ETHW) was in second place with $204 million. Fidelity (FETH) received a net investment of $71 million and Franklin Templeton (EZET) $13 million.

Bitcoin funds saw an exit after 12 days

Bitcoin spot ETFs closed the trading day in the minus after 12 days. BlackRock was the only fund of the day with $72 million, while Bitwise saw outflows of $70 million, ARK Invest $52 and Grayscale $27 million.