US Spot Ether ETFs Post $87 Million in Net Inflows, Extending Streak to Six Sessions
Summary
- US spot Ether ETFs recorded net inflows for a sixth straight trading session.
- US spot Ether ETFs posted total net inflows of $86.95 million on the day, with about 95% of that going into BlackRock products.
- Cumulative net inflows for ETHA, FETH, and Grayscale's ETH reached $13.28 billion, $2.42 billion, and $2.03 billion, respectively, while Grayscale's ETHE posted net outflows of $5.41 billion.
Forecast Trend Report by Period
US spot Ether exchange-traded funds recorded net inflows for a sixth straight trading session.
SoSoValue data showed the funds brought in a combined $86.95 million on September 25.
BlackRock's iShares Ethereum Trust (ETHA) led with $50.37 million in inflows. BlackRock's iShares Ethereum Trust ETF (ETHB) drew another $31.88 million. Together, the two products attracted $82.25 million, or about 95% of the day's total net inflows.
Fidelity's Fidelity Ethereum Fund (FETH) took in $4.69 million. The remaining products, including Grayscale's ETH and ETHE, Bitwise's ETHW and VanEck's ETHV, recorded no net inflows or outflows.
ETHA's cumulative net inflows increased to $13.28 billion. Cumulative net inflows for FETH and Grayscale's ETH stood at $2.42 billion and $2.03 billion, respectively. By contrast, Grayscale's ETHE has seen cumulative net outflows of $5.41 billion since launch.
Doohyun Hwang
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