Investors Are Slow to Embrace Ether ETFs One Month After Debut

It’s been a month since the much-anticipated Ether ETFs launched in the US — but investors still don’t seem too interested.

The nine exchange-traded funds that hold the second-largest cryptocurrency directly saw investor outflows Thursday for a sixth consecutive day, the longest streak of withdrawals since their debut on July 23. During the same period, US ETFs holding crypto bellwether Bitcoin saw inflows daily, according to data compiled by Bloomberg.