U.S. Spot Ethereum ETFs Record 15 Consecutive Days of Inflows, Surpassing $837 Million

News

  • U.S. Ethereum ETFs recorded 15 consecutive days of inflows, totaling $837 million.
  • ETHA led the market with $15.86 million in daily inflow and $3.77 billion in net assets.
  • Grayscale’s ETH saw $9.37 million in inflow, while ETHE recorded no new inflow and $4.29 billion in total outflows.

U.S.-listed spot Ethereum ETFs have now reported 15 straight trading days of net inflows. Total net inflows reached $837 million over the streak. Daily net inflow for that date stood at $25.22 million. Cumulative inflows since inception totaled $3.33 billion. The total net assets under management across all Ethereum ETFs amounted to $9.40 billion, accounting for 3.11% of Ethereum’s total market capitalization. Daily trading volume across all funds came to $339.49 million.

https://twitter.com/MarzellCrypto/status/1931975844500516981

ETHA Tops Market with Leading Asset Value and Inflows

As of the latest update by SoSoValue, ETHA, sponsored by BlackRock and listed on NASDAQ, led the day with $15.86 million in net inflow. Its cumulative net inflow rose to $4.85 billion. ETHA also had the highest net asset value among peers at $3.77 billion. Its daily trading volume reached 11.82 million shares with a market price of $18.81. 

Source: SoSoValue

ETHA ended the day with a 1.78% price drop and traded $223.90 million in value. The ETF was trading at a 0.35% discount to its net asset value. Grayscale’s ETH, listed on NYSE, followed with a daily net inflow of $9.37 million. Its cumulative net inflow increased to $694.09 million. ETH closed at $23.42, a decrease of 1.72% for the day. 

The ETF recorded a trading volume of 1.30 million shares and $30.76 million in value traded. Grayscale’s other ETF, ETHE, recorded no inflow on June 6. ETHE maintained $2.82 billion in net assets but recorded cumulative outflows totaling $4.29 billion. It closed at $20.61, down 1.76% for the day.

Fidelity, Bitwise, VanEck Maintain Long-Term Inflows

Fidelity’s FETH reported no new inflow but maintained $1.52 billion in total cumulative inflows. The ETF held $1.09 billion in net assets and closed at $24.83, dropping 1.70%. It recorded a trading volume of 1.06 million shares and $26.42 million in value traded. 

ETHW by Bitwise also recorded no new daily inflow. However, its total net inflow stood at $327.25 million, with net assets at $241.77 million. ETHW closed at $17.83 after falling 1.76% on the day. VanEck’s ETHV ETF held $116.92 million in assets. Cumulative inflows reached $139.57 million. ETHV closed at $36.38, down 1.73%. 

Franklin’s EZET closed at $18.88, with net assets of $35.05 million and a cumulative inflow of $42.55 million. QETH, sponsored by Invesco, closed at $24.81, down 1.59%. Net assets stood at $22.65 million, with $23.29 million in cumulative inflow. 21Shares’ EETH closed at $12.41 after a 1.82% daily decline. EETH held $22.31 million in assets and recorded no new inflow.

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