Ethereum ETF Market Sees $63.32M Outflow as Total Net Assets Hit $8.05B

News, Trending

  • Ethereum ETFs reported a $63.32M outflow, bringing cumulative net inflows to $2.76B, while total net assets reached $8.05B.
  • BlackRock’s ETHA ETF retained $2.83B in assets, while Grayscale’s ETHE fund posted a $63.32M daily outflow, reducing assets to $2.77B.
  • Ethereum ETFs saw price gains over 4%, with BlackRock, Fidelity, and Bitwise trading high volumes, contributing to $255.23M in value traded.

Ethereum-based exchange-traded fund (ETF) market data update focusing on net inflows, total assets, and trading volume has recorded varied movements. The total daily net inflow registered a decline of $63.32 million, while the cumulative total net inflow remained positive at $2.76 billion. Total value traded stood at $255.23 million, with net assets across all funds reaching $8.05 billion, accounting for 2.99% of Ethereum’s market cap.

BlackRock’s ETHA ETF Hits $2.83B in Net Assets With 4.38% Gain

According to the update, BlackRock’s ETHA ETF on NASDAQ reported no net inflows for the day but maintained cumulative net inflows of $4.23 billion. Its net assets reached $2.83 billion, with a market price of $16.91, reflecting a daily increase of 4.38%. The ETF recorded a trading volume of 7.64 million shares, contributing $127.13 million in value traded.

Source: SoSoValue

Grayscale’s ETHE ETF on the NYSE showed a daily net outflow of $63.32 million, bringing its cumulative net outflows to $4.13 billion. Despite this, its net assets remained at $2.77 billion, with a market price of $18.63 and a daily change of 4.31%. The fund traded 4.02 million shares, amounting to $73.81 million in value.

Fidelity, Bitwise, and VanEck Drive Ethereum ETFs Past Key Price Levels

Another Grayscale ETF, ETH on NYSE, had no daily net inflows, but cumulative inflows stood at $613.56 million. The fund’s net assets reached $1.07 billion, with a market price of $21.02, up 4.27% for the day. Trading volume reached 999,750 shares, with $20.71 million in value traded.

Fidelity’s FETH ETF on CBOE reported no daily inflows but accumulated net inflows of $1.51 billion. Its net assets stood at $1.01 billion, and the market price increased by 4.21% to $22.30. The ETF traded 323,510 shares, generating $23.51 million in value traded.

Bitwise’s ETHW ETF on CBOE held net assets of $213.56 million and traded at $16.02, rising 4.43% for the day. VanEck’s ETHV ETF had net assets of $103.48 million and saw a market price increase of 4.31% to $32.70. 
Franklin’s EZET ETF, Invesco’s QETH ETF, and 21Shares’ CETH ETF held net assets of $27.90 million, $17.11 million, and $16.24 million, respectively. Their market prices rose by over 4% each.

Earn more PRC tokens by sharing this post. Copy and paste the URL below and share to friends, when they click and visit Parrot Coin website you earn: https://parrotcoin.net0

PRC Comment Policy

Your comments MUST BE constructive with vivid and clear suggestion relating to the post.

Your comments MUST NOT be less than 5 words.

Do NOT in any way copy/duplicate or transmit another members comment and paste to earn. Members who indulge themselves copying and duplicating comments, their earnings would be wiped out totally as a warning and Account deactivated if the user continue the act.

Parrot Coin does not pay for exclamatory comments Such as hahaha, nice one, wow, congrats, lmao, lol, etc are strictly forbidden and disallowed. Kindly adhere to this rule.

Constructive REPLY to comments is allowed

Leave a Reply