US spot Ethereum ETFs see net inflows of $17,210

Source
Doohyun Hwang

Summary

  • It reported that total daily net inflows in the US spot Ethereum ETF market were tallied at $17,210.
  • It said net inflows went to BlackRock’s ETHA at $1.78 million and 21Shares’ TETH at $687,700.
  • By contrast, Fidelity’s FETH saw an outflow of $2.45 million, while other funds recorded no inflows or outflows.
Photo=SoSoValue
Photo=SoSoValue

The US market for spot Ethereum exchange-traded funds (ETFs) posted a modest net inflow.

According to data from SoSoValue on the 20th (local time), the total daily net inflow into spot Ethereum ETFs trading in the US came to $17,210. Reversing the prior day’s outflow trend, the market returned to net inflows, albeit slightly, for the first time in three trading sessions.

By fund, BlackRock’s ETHA recorded the largest inflow, taking in $1.78 million. 21Shares’ TETH also saw net inflows of $687,700. By contrast, Fidelity’s FETH posted an outflow of $2.45 million, partially offsetting the gains. Grayscale’s ETHE and ETH, Bitwise’s ETHW, VanEck’s ETHV, Franklin’s EZET and Invesco’s QETH saw no inflows or outflows.

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Doohyun Hwang

cow5361@bloomingbit.ioKEEP CALM AND HODL🍀
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