Ethereum Spot ETF $51.32 million net outflow... Funds have been withdrawing for 3 consecutive trading days

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The US Ethereum spot ETF market shows a net outflow of funds.

According to SoSoValue data, as of March 9 (local time), the US Ethereum spot ETF market experienced a single-day net outflow of $51.32 million.

Since March 5, there have been three consecutive trading days of net outflows. The total net inflow has reached $11.58 billion.

Among the 9 ETFs, only Fidelity FETH (+$16.22 million) and 21Shares TETH (+$1.01 million) recorded inflows.

On the other hand, BlackRock ETHA (-$55.14 million) and Grayscale ETHE (-$13.41 million) experienced net outflows. The remaining products saw no change in funds and remained stable.

On the same day, the total trading volume of Ethereum spot ETFs was $951.42 million. The trading volumes by product are as follows: BlackRock ETHA $591.25 million, Grayscale ETH $130.08 million, and Grayscale ETHE $98.62 million.

The total net assets under management (AUM) amount to $11.53 billion, accounting for approximately 4.71% of Ethereum’s total market capitalization. The ETFs with the largest net assets are: BlackRock ETHA $6.43 billion, Grayscale ETHE $1.76 billion, and Grayscale ETH $1.75 billion.

ETH2.83%
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