ETH Spot ETFs Record $644M Trading Volume, Fidelity Gains as Grayscale Faces Outflows

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  • US ETH spot ETFs faced $31.69M daily outflows but maintained a cumulative inflow of $541.64M.
  • Total trading volume reached $644.05M, reflecting strong activity despite mixed fund performances.
  • Grayscale’s ETHE ETF led in net assets at $5.36B despite losing $44.36M in daily investor withdrawals.

In a recent data update concerning the performance of US ETH spot ETFs as of December 2. The Daily Total Net Inflow reads at  -$31.69M, reflecting significant outflows. Cumulative Total Net Inflow amounts to $541.64M, indicating a positive investment trend over time. The Total Value Traded recorded is $644.05M, indicating a considerable trading action with Total Net Assets now standing at $11.06B, accounting for 2.54% of Ethereum’s market cap.

Among the Spot ETFs in a recent update by SoSovalue, Grayscale’s ETHE ETF has the highest Net Assets at $5.36B, representing 1.23% of Ethereum’s market cap. It experienced a 1-Day Net Outflow of $44.36M. Its market price of $30.38 increased by 0.76% on the day, with $164.85M traded. 

Source: SoSoValue

Grayscale’s ETH ETF has it Net Assets reading at $1.54B, with no inflow or outflow reported on December 2. The market price closed at $34.12, rising by 0.83%, and recorded $49.40M in trading volume.

Fidelity’s FETH ETF ranks third with $977.81M in Net Assets. It recorded a 1-Day Net Inflow of $19.90M. The price of $36.24 rose by 1%, and its daily trading volume reached $46.27M. Bitwise’s ETHW ETF manages Net Assets worth $431.06M, without reporting any daily inflow or outflow. Its price increased by 0.70% to $25.98, with a total trade value of $11.05M.

VanEck’s ETHV ETF has $147.07M in Net Assets, with no inflows recorded on December 2. The market price rose by 0.99% to $53.04, and the fund saw $73.54K traded. Franklin’s EZET ETF manages $45.39M in Net Assets, with no net inflows reported. Its price increased by 0.99% to $27.52, and it traded $1.42M.
Invesco’s QETH ETF recorded Net Assets of $28.11M, with a daily outflow of $7.23M. Its price increased by 0.25% to $36.17, with $225.79K traded. 21Shares’ CETH ETF holds $26.97M in Net Assets without reporting inflows. The price closed at $18.10, up by 0.95%, with $2.15M traded. BlackRock’s ETHA ETF recorded $364.75M traded and ended at $27.43, rising by 0.88%.

The post ETH Spot ETFs Record $644M Trading Volume, Fidelity Gains as Grayscale Faces Outflows appeared first on Crypto News Land.

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