Ethereum-based ETFs show varied fund movements with a $14.58M daily net inflow and cumulative inflows of $2.82B.
Overview of Ethereum ETF Fund Movements
Ethereum ETFs reported a total daily net inflow of $14.58 million, with cumulative net inflows reaching $2.82 billion. The total value traded for these ETFs amounts to $526.51 million, and total net assets are valued at $7.85 billion, which accounts for 3.04% of Ethereum’s market capitalization.
BlackRock’s ETHA Faces Outflows, While Grayscale Grows
According to SoSoValue data, the ETHA fund listed on NASDAQ under BlackRock reports a daily net outflow of $26.27 million. It holds cumulative net inflows of $4.23 billion, with total net assets of $2.76 billion. ETHA’s market price is $16.80, reflecting a daily increase of 3.70%. Trading volume for this fund reaches 6.71 million shares, with a total traded value of $111.34 million. Grayscale’s ETHE, listed on NYSE, shows a daily net inflow of $10.71 million. It holds cumulative net outflows of $4.06 billion, with total net assets valued at $2.71 billion. ETHE trades at $18.53, reflecting a 3.72% price increase. Its daily trading volume reaches 3.62 million shares, with a total traded value of $66.24 million.
Grayscale, Fidelity, and Bitwise Funds See Price Gains
The ETH fund, another Grayscale product on NYSE, records a daily net inflow of $8.46 million. It holds cumulative net inflows of $613.56 million, with net assets amounting to $1.02 billion. The market price is $20.89, rising by 3.62% during the session. ETH’s daily volume reaches 890.33K shares, with a total traded value of $18.39 million. Fidelity’s FETH fund on CBOE reports a daily net inflow of $21.67 million. It maintains cumulative inflows of $1.51 billion, with net assets valued at $980.71 million. Its market price stands at $22.16, gaining 3.55% in daily movement. The fund’s total traded volume reaches 882.06K shares, with a traded value of $19.32 million. Bitwise’s ETHW fund on NYSE holds total net assets of $208.17 million. Its market price is $15.91, with a 3.75% daily increase. The fund records a daily traded volume of 184.75K shares, with a total traded value of $2.91 million.
Ethereum ETFs exhibit complex market movements, with some funds showing positive price changes while others face outflows.
