Tuesday saw Ethereum ETFs record $120.24 million in daily net inflows. This surge brought the sector’s cumulative net inflows to $11.60 billion. The total net assets across all Ethereum ETFs reached $12.28 billion, 4.74 percent of ETH’s market cap.
BlackRock’s ETHA leads the pack with $60.82M inflow
According to the SoSoValue update, BlackRock’s ETHA led the daily net inflows with $60.82 million. Its cumulative net inflow reached $11.62 billion, the highest of all Ethereum ETFs. ETHA’s net assets amounted to $6.48 billion, 2.50 percent of Ethereum’s market cap. It traded $480.83 million in value and 29.60 million shares. ETHA’s market price rose 3.65 percent to $16.20 during the session.
Source: SoSoValue (Ethereum ETFs)
Grayscale’s ETH came in second with $14.43 million in daily net inflows. Its cumulative net inflow stood at $1.85 billion, and net assets reached $1.87 billion, representing 0.72 percent of Ethereum’s market cap. The fund traded $87.99 million in value and 4.32 million shares. ETH’s market price climbed 3.88 percent to $20.34.
Grayscale’s ETHE recorded $2.79 million in daily inflows, and its cumulative net inflow was -$5.17 billion, the only negative figure among the Ethereum ETFs. ETHE held $1.83 billion in net assets, which was 0.71 percent of Ethereum’s total market cap. The fund traded $51.57 million and 2.95 million shares. Its market price increased 3.87 percent to $17.45.
Fidelity’s FETH brought in $40.06 million in daily net inflows, with a cumulative net inflow of $2.33 billion. FETH’s net assets stood at $1.26 billion, which is 0.48 percent of Ethereum’s market cap. The fund traded $70.79 million in value and 3.30 million shares. Its price closed at $21.38, up 3.89 percent. FETH charged a 0.25 percent fee and carried a +0.08 percent premium.
21Shares’ TETH recorded $2.14 million in daily net inflows. Its cumulative net inflow was $23.52 million, and its net assets were $23.95 million. TETH’s price rose 3.93 percent to $10.71, and it traded at $244.86 million.
ETHB and ETHW hold firm with no flow changes
While ETHA took a lead in inflows, BlackRock’s ETHB did not record any daily net inflows, and its cumulative net inflow stood at $311.32 million. The fund had $423.19 million in net assets, or 0.16 percent of Ethereum’s market cap. ETH’s market price rose 3.84 percent to $27.60, and it traded $7.71 million in value, with a 0.25 percent fee.
Bitwise’s ETHW recorded $0.00 in daily inflows and had $385.11 million in cumulative net inflows. Its net assets were $228.43 million, representing 0.09 percent of Ethereum’s market cap. ETHW traded $17.83 million in value, and its price increased 3.79 percent to $15.34. The fund charged a 0.20 percent fee.
ETHV, EZET, and QETH Bitcoin ETFs extend the stable list
VanEck’s ETHV saw no change in daily flows. Its cumulative net inflow reached $166.64 million, and net assets totaled $108.86 million, 0.04 percent of ETH’s market cap. ETHV traded $6.95 million in value, with a 0.25 percent fee. Its price closed at $31.35, up 3.77 percent.
Additionally, Franklin’s EZET recorded a flat trend in daily net inflows with no fresh flows. Its cumulative net inflow stood at $64.92 million, and net assets totaled $43.04 million. EZET represented 0.02 percent of Ethereum’s market cap.
Invesco’s QETH showed no daily net inflow. Its cumulative net inflow was $22.95 million, with net assets totaling $19.28 million. The fund’s price increased 3.84 percent to $21.34, and it traded $1.44 million in value.