Ethereum Spot ETF Records $71.6 Million Net Outflow as Grayscale…
Hey there! Let’s talk about the latest data on Ethereum spot ETFs. According to SoSoValue, in the week from November 18 to November 22, there was a net outflow of $71.6 million in the Ethereum spot ETF market. The biggest loser was Grayscale’s Ethereum Trust ETF ETHE, which saw a weekly outflow of $95.56 million, contributing to a total outflow of $3.34 billion historically.
But it wasn’t all bad news! Blackrock’s Ethereum ETF ETHA actually had a net inflow of $78.34 million last week, bringing its total historical inflow to $1.8 billion. Following closely behind was Bitwise’s Ethereum ETF ETHW, which saw a weekly inflow of $7.85 million and has accumulated a total of $381 million in inflows.
Overall, the total net asset value of Ethereum spot ETFs currently stands at $9.687 billion, with an ETF net asset ratio of 2.44% compared to the total Ethereum market value. The historical cumulative net inflow for these ETFs has now reached $107 million.
It’s interesting to see the ebb and flow of money in these ETFs. Keep an eye on the market to see how these numbers evolve in the coming weeks!