U.S. spot Ethereum ETF sees $31.16 million in net inflows…Funds concentrate in BlackRock’s ETHA
Summary
- $31.16 million in net inflows into U.S. spot Ethereum (ETH) ETFs is signaling improving market sentiment.
- BlackRock’s ETHA attracted $24.69 million, accounting for most of the inflows.
- Ethereum ETFs, together with Bitcoin ETFs, appear to have wrapped up a recent period of net outflows, with gradual inflows returning and funds continuing to concentrate in BlackRock’s ETHA.
Forecast Trend Report by Period
Capital inflows into U.S. spot Ethereum (ETH) exchange-traded funds (ETFs) have continued, pointing to improving market sentiment.
According to Trader T data on the 31st (local time), total net inflows across spot Ethereum ETFs came to $31.16 million.
BlackRock’s ETHA led the inflows. ETHA took in $24.69 million, accounting for the bulk of the total. 21Shares’ TETH posted net inflows of $2.62 million, Fidelity’s FETH $1.57 million, Bitwise’s ETHW $1.20 million, and BlackRock’s staking product ETHB $1.08 million.
By contrast, Invesco’s QETH, Franklin’s EZET, VanEck’s ETHV, and Grayscale’s ETHE and mini ETH ETF saw no inflows or outflows.
Ethereum ETFs, alongside Bitcoin ETFs, also appear to have ended a recent run of net outflows and are showing a gradual return of inflows. In particular, the concentration of funds into BlackRock’s ETHA continues.
YM Lee
20min@bloomingbit.ioCrypto Chatterbox_ tlg@Bloomingbit_YMLEE
