According to SoSoValue data, as of August 2 (EST), the total net outflow of Ethereum spot ETF was $54.2704 million. Specifically:
Grayscale Ethereum Trust ETF ETHE: Single-day net outflow was US$61.4314 million. The current total historical net outflow of ETHE is US$2.117 billion.
Grayscale Ethereum Mini Trust ETF ETH: The single-day net outflow is US$0, and the current historical total net inflow is US$201 million.
Fidelity ETF FETH: Single-day net inflow of US$6.0176 million. Currently, the total historical net inflow of FETH has reached US$297 million.
Franklin Templeton ETF EZET: Single-day net inflow of US$1.1433 million. Currently, EZET's total historical net inflow has reached US$30.6733 million.
As of press time, the total net asset value of the Ethereum spot ETF is US$8.332 billion, the ETF net asset ratio (the ratio of market value to the total market value of Ethereum) is 2.29%, and the total historical cumulative net outflow is US$511 million.
Analysis and interpretation
Grayscale ETHE's large net outflow: Grayscale's ETHE fund had a single-day net outflow of US$61.4314 million, which suggests that investors may have certain doubts about the fund or are re-evaluating their investment strategies.
Net Inflows of Fidelity FETH and Franklin Templeton EZET: In comparison, Fidelity’s FETH and Franklin Templeton’s EZET achieved daily net inflows of $6,017,600 and $1,143,300, respectively, which may indicate that investors’ confidence in these two funds is relatively high.
Market Sentiment: The overall net outflow of Ethereum spot ETFs may reflect the short-term uncertainty of the market towards Ethereum and its related financial products, and investors may be waiting or adjusting their portfolios.
Historical Cumulative Net Outflows: The historical cumulative net outflows of the Ethereum spot ETF reached US$511 million, which shows that investors have generally withdrawn funds from such products since their inception.
in conclusion
The latest data from Ethereum spot ETFs shows that the market's short-term sentiment towards Ethereum and its related financial products may be cautious. Investors should pay close attention to market dynamics so as to adjust their investment strategies in a timely manner. At the same time, the large net outflow of Grayscale ETHE contrasts sharply with the small net inflows of Fidelity FETH and Franklin Templeton EZET, which reflects the different performances of different funds in the market and investor preferences. @加密航海家飞鱼