Daily Net Inflows into Ethereum ETFs Reach $63.47 Million as Cumulative Hits $2.53 Billion

News, Trending

  • BlackRock’s ETHA leads with $3.34B assets and $57.61M daily inflow.
  • Cumulative net inflows total $2.53B, with daily inflows at $ 63.47 M.
  • Most Ethereum ETFs saw price declines of nearly 2.5% despite strong inflows.

According to a recent SoSoValue update as of May 14, the daily total net inflow across these products reached $63.47 million. The cumulative total net inflow stands at $2.53 billion, with a total value traded of $447.95 million. Total net assets under management in these products reached $9.04 billion, representing 2.88% of the Ethereum market cap.

BlackRock’s ETHA Leads Ethereum ETFs in Net Assets, Flows

The leading product by net assets is the BlackRock-sponsored ETHA listed on NASDAQ. It holds $3.34 billion in net assets, accounting for the largest share of the total market. Its daily net inflow was $57.61 million, contributing heavily to the overall market inflow. ETHA’s market price was $19.20, with a daily price decline of 2.57%. The product had a daily trading volume of 1.33 million shares and a fee of 0.25%. ETHA’s Ethereum share of the market is 1.06%.

Source: SoSoValue

Grayscale’s ETHE and ETH ETFs are next in size, with $2.94 billion and $1.27 billion in net assets, respectively. ETHE on NYSE recorded no daily net inflow and a negative cumulative net inflow of $4.31 billion. ETH on NYSE showed no daily net inflow but a positive cumulative net inflow of $627.53 million. 

Both products experienced daily price drops of around 2.5%, with ETHE at $21.08 and ETH at $23.92. Their daily traded volumes were 322.08k and 132.27k shares, respectively. Fees differ significantly, with ETHE charging 2.50% and ETH charging only 0.15%. Their Ethereum market shares stand at 0.94% and 0.40%.

Fidelity’s FETH on CBOE had a daily net inflow of $5.86 million and cumulative net inflow of $1.43 billion. FETH’s net assets totaled $1.05 billion. It traded at $25.39 with a daily decline of 2.36% and a daily volume of 88.62k. Its fee stands at 0.25%, and its Ethereum share is 0.33%.

Bitwise, VanEck, Franklin ETFs Show No Daily Inflows

Bitwise’s ETHW on NYSE reported no daily net inflow but a cumulative net inflow of $317.01 million. ETHW holds $242.61 million in net assets, trading at $18.21 with a daily decrease of 2.52%. Its volume is 23.31k, and the fee is 0.20%. Its Ethereum share is 0.08%. VanEck’s ETHV on CBOE recorded zero daily net inflow and a cumulative net inflow of $136.63 million. 

ETHV’s net assets are $119.30 million. It traded at $37.45 with a daily price drop of 1.81%. Volume was low at 1.65k shares, with a fee of 0.20% and Ethereum share of 0.04%. Franklin’s EZET, 21Shares’ CETH, and Invesco’s QETH each reported no daily net inflow but positive cumulative inflows of $39.56 million, $19.28 million, and $21.73 million, respectively. Their net assets are $33.66 million, $23.32 million, and $22.18 million. 
Their daily price declines ranged from 1.81% to 2.50%. Their daily trading volumes are relatively low, ranging from 1.40k to 24.26k shares. Fees vary between 0.19% and 0.25%. Ethereum market shares for these products are minimal, around 0.01%.

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