Amid volatile crypto markets, Ethereum ETF data as of December 10 attracted investors' attention. This article analyzes the performance metrics of leading ETF providers.
Overview of Ethereum ETFs as of December 10
Ethereum ETFs recorded $305.74 million in daily inflows and $1.87 billion in cumulative inflows on December 10. Total value traded was $778.96 million, with total net assets at $12.46 billion, representing 2.84% of Ethereum's market cap.
Comparative Analysis of Grayscale and BlackRock ETFs
Grayscale's ETHE ETF on NYSE faced a daily outflow of -$3.99 million and cumulative outflow of -$3.50 billion. Its net assets were $5.33 billion with an Ethereum share of 1.21%. BlackRock's ETHA ETF on NASDAQ showed an inflow of $81.66 million with net assets totaling $3.31 billion.
Details on Other ETFs
Other ETFs, such as Grayscale's ETH ETF and Fidelity's FETH ETF, demonstrate diverse performances. For instance, FETH on CBOE showed a daily inflow of $202.23 million with cumulative inflow of $1.35 billion, with its market price gaining 3.42%.
The current developments and data on Ethereum ETFs underscore the importance of monitoring these funds for understanding trends and market strategies. Providers like Grayscale and BlackRock play a key role in shaping these trends.
