U.S. spot Ethereum ETFs see $3.82 million in net inflows, limited institutional flows

Source
YM Lee

Summary

  • It said the U.S. spot Ethereum ETF market recorded about $3.82 million in net inflows.
  • It noted that Fidelity’s Ethereum fund (FETH) led flows with about $16.22 million of inflows.
  • It added that the Grayscale Ethereum Trust (ETHE) saw about $13.41 million in net outflows, pointing to limited institutional flows.

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Photo=Trader T
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A modest net inflow was recorded in the U.S. spot Ethereum exchange-traded fund (ETF) market.

According to data released on the 10th (local time) by Trader T, total net inflows across spot Ethereum ETFs came to about $3.82 million on the day.

Fidelity’s Ethereum fund (FETH) led overall flows, drawing about $16.22 million. The 21Shares Ethereum ETF (TETH) also posted inflows of about $1.01 million.

By contrast, the Grayscale Ethereum Trust (ETHE) saw net outflows of about $13.41 million.

BlackRock’s Ethereum ETF (ETHA), Bitwise’s Ethereum ETF (ETHW), Invesco’s Ethereum ETF (QETH), Franklin’s Ethereum ETF (EZET), VanEck’s Ethereum ETF (ETHV), and the Grayscale Ethereum Mini Trust (ETH) recorded no inflows or outflows.

YM Lee

YM Lee

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