US spot Ethereum ETF sees $9.23 million in net inflows…limited fund flows persist

Source
YM Lee

Summary

  • Total net inflows into US spot Ethereum (ETH) ETFs were tallied at $9.23 million.
  • Grayscale’s Mini ETH saw $11.08 million in inflows, while Fidelity’s FETH logged $1.85 million in net outflows.
  • With Ethereum trading around the $1,800 level recently, ETF fund flows have remained limited.

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

According to Trader T on the 24th (local time), total net inflows into spot Ethereum ETFs for the day came to $9.23 million.

Flows were mixed by product. Grayscale Mini ETH saw $11.08 million in inflows, while Fidelity’s FETH recorded net outflows of $1.85 million.

BlackRock’s ETHA, Bitwise’s ETHW, 21Shares’ CETH, Invesco’s QETH, Franklin’s EZET, VanEck’s ETHV and Grayscale’s ETHE saw no inflows or outflows.

With Ethereum recently trading around the $1,800 level, ETF fund flows remain constrained.

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YM Lee

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