CoinShares Head of Research: Newly Launched U.S. Ether ETFs See $1 Billion in Inflows This Week

The newly launched U.S. ethereum ETF saw $1 billion in inflows this week, James Butterfill, head of research at CoinShares, said on the X platform. However, similar to the launch of the Bitcoin ETF, Grayscale's legacy funds have seen significant outflows. As a result, there have been net outflows of $180 million since the launch of the ethereum ETF.