Ethereum ETFs Outperform Bitcoin ETFs for Sixth Day, Led by $440M Inflow into BlackRock’s ETHA

ETF

  • BlackRock’s ETHA led Ethereum ETFs with a $440.10M inflow, holding $10.69B in net assets.
  • Ethereum ETFs outpaced Bitcoin ETFs in daily inflows, reaching $2.4B over six consecutive days.
  • Grayscale’s GBTC posted a $50.50M outflow, while IBIT led Bitcoin ETFs with $92.83M in daily inflows.

Ethereum ETFs have outpaced Bitcoin ETFs in daily inflows for six consecutive days, drawing a total of $2.4 billion. Leading the surge, BlackRock’s ETHA contributed $440.10 million on July 25 alone. Despite Bitcoin ETFs holding larger net assets overall, Ethereum ETFs have indicated stronger short-term capital momentum.

https://twitter.com/TheRealTRTalks/status/1948890372958290233

Ethereum ETF Daily Inflow Activity Uncovered

Tracking the current market update by SoSoValue as of July 25, total net inflow into Ethereum ETFs reached $452.72 million, with cumulative inflows at $9.33 billion. Total net assets across all funds stood at $20.66 billion, accounting for 4.64% of Ethereum’s market cap. ETHA, managed by BlackRock, recorded the highest single-day net inflow of $440.10 million. It also held the largest net assets at $10.69 billion.

 In contrast, ETHE from Grayscale saw the largest outflow at $23.49 million and showed a cumulative outflow of $4.29 billion. FETH by Fidelity brought in $7.30 million, raising its cumulative inflow to $2.34 billion. Grayscale’s ETH gained $18.87 million in inflows, while Bitwise’s ETHW added $9.95 million, reaching $505.18 million in net assets.

Source: SoSoValue (Ethereum ETFs)

No net inflows were recorded for VanEck’s ETHV. However, it maintained cumulative inflows of $169.67 million. Other ETFs, including EZET, CETH, and QETH, showed minor inflows and held under $75 million in assets. All funds recorded price declines on July 25. ETHA dropped 2.82%, ETHE 2.58%, and FETH 2.72%. ETHV experienced a 2.73% decline. ETHA led trading volume at $1.10 billion, followed by ETH and ETHE. Daily share volume was highest for CETH at 491.20K shares.

What About Bitcoin ETFs?

Despite the rival performance by Ethereum ETFs, an update by SoSoValue reveals that the total daily net inflow into Bitcoin ETFs reached $130.69 million. The cumulative net inflow stood at $54.82 billion, while the total net assets amounted to $151.45 billion. BlackRock’s IBIT recorded the highest net inflow of $92.83 million and held $86.17 billion in assets. Fidelity’s FBTC followed with a $10.19 million inflow and $24 billion in total net assets.

Source: SoSoValue(Bitcoin ETFs)

Grayscale’s GBTC saw the largest daily outflow of $50.50 million and showed a cumulative outflow of $23.59 billion. Ark Invest’s ARKB recorded a $30.27 million inflow, bringing its cumulative total to $2.83 billion. Bitwise’s BITB and VanEck’s HODL brought in $20.96 million and $18.16 million, respectively.

BRRR, BTCO, EZBC, and BTCW showed no inflow for the day. BRRR maintained the highest cumulative inflow among them at $330.16 million. Despite inflows, most ETFs recorded daily price declines. IBIT dropped 1.92%, FBTC 1.86%, and GBTC 1.93%. In value traded, IBIT led with $3.56 billion, while GBTC and FBTC followed with $176.47 million and $404.80 million. IBIT also had the highest share volume at 54 million, reflecting elevated trading activity.


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