Grayscale Leads Ethereum Spot ETFs with $4.51B as Daily Inflows Reach $58.65M

News

  • ETH Spot ETFs recorded a $58.65M daily inflow on September 27, with a cumulative net inflow of -$522.97M.
  • Grayscale’s ETHE leads the market, holding $4.51B in assets despite experiencing a $10.72M net outflow.
  • BlackRock’s ETHA reported an $11.46M inflow, contributing to a cumulative net inflow of $1.13B.

According to recent data from SoSoValue, Ethereum (ETH) Spot ETFs across various exchanges as of September 27 indicate a Daily Total Net Inflow of $58.65 million, with a Cumulative Total Net Inflow of -$522.97 million. However, the Total Value Traded reached $249.09 million, and the Total Net Assets amounted to $7.44 billion, accounting for 2.30% of the Ethereum Market Cap.

ETHE Tops ETFs with $4.51B Despite Outflows

According to market data, the top ETF by Net Assets is ETHE (Grayscale), listed on NYSE with $4.51 billion in assets. ETHE experienced a 1.88% daily change, reaching a market price of $22.79. However, it faced a negative net inflow of $10.72 million for the day, adding to a cumulative net outflow of $2.90 billion.

Source: SoSoValue

The second in line, ETH (Grayscale, NYSE), holds $1.06 billion in assets, with a positive inflow of $2.29 million on September 27, contributing to a cumulative net inflow of $294.52 million. Its market price increased by 2%, closing at $2.55.

ETHA Leads Inflows, FETH Shows Strength

ETHA BlackRock, under NASDAQ, reported an inflow of $11.46 million for the day, and its cumulative net inflow reached $1.13 billion. It holds assets worth $1.04 billion, with a daily price change of +1.89% to $20.49.

 FETH (Fidelity, CBOE) showed a strong performance with a $42.54 million inflow, contributing to a cumulative net inflow of $478.64 million and holding $436.19 million in assets. Its price rose by 1.96% to $27.03.

Smaller ETFs like ETHY (Bitwise) and ETHV (VanEck) reported $5.43 million and $1.98 million daily inflows, respectively. ETHY holds $270.57 million in assets, and ETHV holds $66.23 million. 

Both saw a daily price increase of over 1.8%. Other ETFs like EZET and QETH experienced minor inflows and moderate daily price increases, with smaller total assets under management.

The post Grayscale Leads Ethereum Spot ETFs with $4.51B as Daily Inflows Reach $58.65M appeared first on Crypto News Land.

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