ETH Spot ETFs saw outflows, with a total outflow of $590.73 million as of September 16.
Grayscale's ETHE rules the market with $3.94 billion in assets despite a daily outflow of $13.83 million.
BlackRock's ETHA reports a daily net inflow of $4.16 million, showing investor interest amid market fluctuations.
As of September 16, the daily net inflow for the US ETH Spot ETF stands at -$9.51 million, indicating outflows. The cumulative net inflow is reported at -$590.73 million, showing consistent outflows over time. The total value traded reaches $129.02 million, while total net assets for the ETF sit at $6.22 billion, representing 2.27% of Ethereum's market cap.
Grayscale's ETHE Leads in Assets Despite Outflows
Data from SoSoValue indicates that Grayscale's ETHE on NYSE leads the ETFs in net assets with $3.94 billion despite a daily net outflow of -$13.83 million. The cumulative net inflow for ETHE is -$2.74 billion, indicating an outflow over time. The market price for ETHE is $19.21, and it experienced a daily change of -6.11%.
Source: SoSoValue
Grayscale's ETH, also on NYSE, holds net assets of $859.20 million, with a positive daily net inflow of $2.29 million. The cumulative net inflow for this ETF is $259.96 million, with a market price of $2.14, and a daily change of -6.14%.
BlackRock Gains Inflows, Others Face Declines
The ETHA ETF from BlackRock on NASDAQ reports net assets of $784.92 million. It has a net inflow of $4.16 million, a total inflow of $1.03 billion, and a market price of $17.23, with a daily change of -6.31%.
Fidelity's FETH ETF on CBOE has net assets of $313.63 million and no daily net inflow. The cumulative net inflow is $413.73 million, with a market price of $22.73 and a daily change of -6.23%.Other ETFs like ETHW from Bitwise, ETHV from VanEck, and EZET from Franklin show lower net assets and minimal or no inflows. These ETFs experienced similar market movements, with daily price changes ranging from -6.14% to -6.34%.
The post Ethereum Spot ETFs See Outflows; Grayscale and BlackRock Hold Top Spots appeared first on Crypto News Land.