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Techub News reports, according to SoSoValue data, Eastern Time yesterday, the total net outflow of U.S. spot Ethereum ETFs was approximately $252 million. BlackRock's ETF ETHA had a single-day net outflow of approximately $157 million; Fidelity's ETF FETH had a single-day net outflow of approximately $95.71 million; Grayscale's ETF ETHE, Grayscale's Micro ETF ETH, Bitwise's ETF ETHW, VanEck's ETF ETHV, 21Shares' ETF CETH, Franklin's ETF EZET, and Invesco's ETF QETH had no net fund inflows or outflows.
Techub News reports, according to Markets.com, Ethereum futures trading volume has surpassed Bitcoin for the first time on the CME, sparking market speculation that Ethereum is about to enter a super cycle. Priyanka Jain, Director of Equity and Crypto Products at CME, pointed out that Ethereum option volatility is currently higher than Bitcoin's, which instead attracts more traders to enter the market, boosting futures activity. In July this year, Ethereum futures open interest also exceeded Bitcoin for the first time. Although Bitcoin still holds an advantage in USD trading volume, Ethereum derivatives participation is accelerating.
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