Ethereum Spot ETF, Net Inflow for 2 Consecutive Trading Days… Total Net Assets Surpass $10 Billion Led by BlackRock ETHA

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The US Ethereum spot ETF market recorded a net inflow of $11.09 million, continuing its inflow trend for the second consecutive trading day.

According to Soso Value's compilation on the 17th (local time), $11.09 million (approximately 15.2 billion won) of new funds were net inflows into the US Ethereum spot ETF market that day.

Although a shallow outflow of $2.18 million occurred on the 13th, breaking the 19-day consecutive inflow streak, the market resumed net inflows on the 16th and continued the trend for two consecutive trading days.

On this day, BlackRock ETHA ($36.71 million) and Bitwise ETHW ($3.62 million) saw net inflows, while Fidelity FETH ($20.22 million) and Grayscale ETHE ($9.02 million) experienced net outflows. The remaining 5 ETFs had no additional fund inflows or outflows.

The total cumulative net inflow for the market expanded from $3.88 billion the previous day to $3.89 billion.

The daily total trading volume was $528.37 million, significantly increasing from the previous day's $428.65 million. The top trading volume was BlackRock ETHA at $340.28 million, followed by Grayscale ETHE at $94.29 million, and Grayscale Mini ETH at $42.27 million.

The total net asset value of the Ethereum spot ETF market is $10.05 billion, accounting for approximately 3.32% of the total Ethereum market capitalization.

The top 3 ETFs by net assets are BlackRock ETHA ($4.22 billion), Grayscale ETHE ($2.87 billion), and Grayscale Mini ETH ($1.33 billion).

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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