Ethereum Spot ETFs: Major Outflows from Grayscale, Inflows for Fidelity and VanEck 🏦
On December 19, Ethereum spot ETFs recorded a total net outflow of $60.47 million, primarily driven by #Grayscale ’s Ethereum Trust ETF (ETHE) with $58.13 million in outflows. Fidelity’s ETF (FETH) and #VanEck ’s ETF (ETHV) led inflows, adding $5.05 million and $4.94 million, respectively.
Currently, Ethereum spot ETFs hold $11.977 billion in total net assets, accounting for 2.94% of Ethereum’s market cap, with cumulative historical net inflows of $2.403 billion.
This is bullish!
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