Editor's PiCK

US Ethereum Spot ETF, $58.63 Million Net Inflow for 6 Consecutive Trading Days

Source
Doohyun Hwang

Summary

  • It was reported that the US Ethereum spot ETF recorded a net inflow of $58.63 million for 6 consecutive trading days.
  • BlackRock's 'ETHA' recorded the largest net inflow of $52.84 million, with a cumulative net inflow reaching $4.4 billion.
  • The total net assets of the Ethereum spot ETF are $9.122 billion, which is 2.97% of Ethereum's total market capitalization.
Image=SoSoValue
Image=SoSoValue

The US Ethereum (ETH) spot ETF has continued its net inflow for 6 consecutive trading days.

According to data from SoSoValue on the 23rd (local time), a net inflow of $58,629,500 occurred in the Ethereum spot ETF traded in the US.

The product with the largest inflow was BlackRock's 'ETHA', with a net inflow amounting to $52,842,900. The cumulative net inflow for ETHA is currently $4.4 billion. Grayscale's 'ETH' followed with a net inflow of $5,786,700 on the same day. The cumulative net inflow for this ETF is $661 million.

The total net assets of the Ethereum spot ETF amount to approximately $9.122 billion, which is 2.97% of Ethereum's total market capitalization. Meanwhile, Ethereum is trading at around $2,560 on the Binance Tether (USDT) market, down 5.1% from the previous day.

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Doohyun Hwang

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