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PiCK

U.S. spot Ethereum ETFs log third straight day of inflows... led by Fidelity

Source
Doohyun Hwang

Summary

  • It said the U.S. spot Ethereum ETF market recorded net inflows for a third consecutive trading day.
  • It reported that the nine U.S. spot Ethereum ETFs saw total net inflows of $72.37 million on the day.
  • It said Fidelity (FETH) led the inflows with $52.02 million, while BlackRock (ETHA) posted net inflows of $18.68 million.

Forecast Trend Report by Period

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Photo=SosoValue
Photo=SosoValue

U.S. spot Ethereum exchange-traded funds (ETFs) posted net inflows for a third consecutive trading day. Fidelity in particular led the market, drawing more than 70% of total inflows.

According to SosoValue on the 12th (local time), the nine U.S. spot Ethereum ETFs recorded total net inflows of $72.37 million for the day.

The inflows were driven by Fidelity (FETH). Fidelity ranked first with $52.02 million in one-day inflows, followed by BlackRock (ETHA) with net inflows of $18.68 million. Bitwise (ETHW) saw $885,000 in inflows, and Franklin (EZET) recorded $781,000.

The remaining five products—Grayscale’s existing trust (ETHE) and Mini Trust (ETH), as well as VanEck (ETHV), Invesco (QETH) and 21Shares (TETH)—saw no inflows or outflows on the day.

#ETF
#On-chain Data
Doohyun Hwang

Doohyun Hwang

cow5361@bloomingbit.ioKEEP CALM AND HODL🍀

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