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U.S. Ethereum ETFs extend net inflows for a fifth straight session, but total falls sharply to $4.6 million

Source
Doohyun Hwang

Summary

  • U.S. spot Ethereum ETFs extended net inflows for a fifth straight session, but the total amount fell sharply from the previous day.
  • On the 16th, the nine U.S. spot Ethereum ETFs posted $4.64 million in net inflows, down about 97% from the prior session.
  • BlackRock’s ETHA logged $14.87 million in net inflows, while Grayscale’s ETHE saw $10.22 million in net outflows; the other seven funds were flat.

Forecast Trend Report by Period

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U.S. spot Ethereum exchange-traded funds (ETFs) posted net inflows for a fifth consecutive trading session, but the amount of new money dropped sharply from the previous day.

According to SosoValue, a crypto-asset data analytics platform, the nine U.S. spot Ethereum ETFs saw total net inflows of $4.64 million on the day. However, momentum weakened noticeably, plunging about 97% from the prior session ($164.37 million).

BlackRock’s ETHA led buying with $14.87 million in net inflows. In contrast, Grayscale’s ETHE saw $10.22 million in net outflows, giving back most of the gains.

All other funds were flat. The remaining seven products—including Fidelity (FETH), Bitwise (ETHW) and VanEck (ETHV)—recorded no inflows or outflows.

#ETF
#On-chain Data
Doohyun Hwang

Doohyun Hwang

cow5361@bloomingbit.ioKEEP CALM AND HODL🍀

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