#ETHTrendWatch Ethereum spot ETFs record sixth consecutive day of net outflows!

According to SoSoValue data, Ethereum (ETH) spot ETFs in the US experienced a total net outflow of $96.6 million.
According to SoSoValue data, Ethereum spot ETFs experienced a total net outflow of $96.6 million. Thus, there has been a sixth consecutive day of money outflows in Ethereum spot ETFs. This ongoing trend indicates weakening risk appetite among investors and market volatility.

Within the day, some funds saw limited inflows. The product with the highest net inflow was Grayscale’s Ethereum Mini Trust ETF (ETH). The fund recorded a net inflow of $2.89 million in a single day, bringing its total net inflow to $1.47 billion. Another Grayscale product, ETHE, saw a daily inflow of $2.74 million, but since its inception, it has experienced a total net outflow of $5.05 billion.
On the other hand, the largest outflow of the day occurred in BlackRock’s Ethereum spot ETF with the ticker ETHA. There was a $102 million outflow from ETHA in a single day, while the fund’s total net inflow remains at $12.75 billion. This situation shows that, despite recent outflows, long-term interest in large funds continues.

As of the time the data was published, the total net asset value of Ethereum spot ETFs was calculated at $17.07 billion. The ratio of ETFs to Ethereum’s total market capitalization is approximately 5.09%. The historical cumulative net inflow remains strong at $12.52 billion.
Experts note that short-term outflows are caused by macroeconomic uncertainties and price fluctuations, but long-term institutional interest continues to be a significant support for the Ethereum ecosystem.

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