Ethereum Spot ETFs Continue to Attract Investor Interest
Latest data shows that Ethereum spot ETFs recorded net inflows of $4.64 million yesterday, marking the fifth consecutive day of positive capital flows.
Among these, BlackRock's Ethereum ETF offering ETFETHA stood out with a single-day net inflow of $14.86 million. The product's historical cumulative net inflows have now reached $12.937 billion, demonstrating strong market confidence in BlackRock's offering.
Notable Outflows from Certain ETFs
On the flip side, Grayscale's Ethereum Trust ETFETHE experienced the largest net outflow of $10.22 million in a single day. To date, the product has seen a total historical net outflow of over $5.064 billion, indicating that some investors are actively adjusting their asset allocations.
Overall Market Expansion Continues
At the time of writing, the total net asset value of Ethereum spot ETFs has climbed to $20.425 billion, accounting for 5.14% of Ethereum's total market capitalization. Overall, investor interest in Ethereum ETF products remains robust, with historical cumulative net inflows reaching $12.913 billion.