Ethereum ETFs see $15 million net inflows… led by BlackRock and Grayscale

YM Lee

Summary

U.S.-listed spot Ethereum ETFs saw net inflows of $15 million in a single day.
Inflow momentum was led by BlackRock’s iShares Ethereum Trust (ETHA) and Grayscale’s Ethereum Mini Trust (ETH) and ETHE.
By contrast, Fidelity’s FETH and VanEck’s ETHV posted net outflows of $54.84 million and $2.47 million, respectively.

U.S.-listed spot Ethereum exchange-traded funds (ETFs) posted modest net inflows in a single day, moving in the opposite direction from Bitcoin ETFs.

According to Trader T on the 3rd (local time), total net inflows across Ethereum ETFs reached $15 million. Inflows were concentrated in products from BlackRock and Grayscale.

BlackRock’s iShares Ethereum Trust (ETHA) recorded the largest inflow, with $43.82 million in net subscriptions. Grayscale Ethereum Mini Trust (ETH) also drew $19.12 million, while the legacy Grayscale ETHE saw net inflows of $8.25 million.

By contrast, Fidelity’s FETH posted the largest net outflow, with $54.84 million leaving the fund. VanEck’s ETHV also saw net outflows of $2.47 million.

Elsewhere, Invesco’s QETH recorded $1.14 million in net inflows, while Bitwise’s ETHW, 21Shares’ CETH, and Franklin’s EZET were flat with no flows.

ETH