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The U.S. Ethereum spot ETF had a net outflow of $24.45 million last week

The U.S. Ethereum spot ETF had a net outflow of $24.45 million last week

Bitget2024/10/28 04:03
ETH+0.12%

According to SoSoValue data, during the trading week last week (Eastern Time October 21st to October 25th), Ethereum spot ETF had a net outflow of $24.45 million.

Among them, Grayscale's Ethereum Trust ETF ETHE had a weekly net outflow of $56.35 million, and the current historical net outflow of ETHE is $3.07 billion. The Ethereum spot ETF with the highest weekly net inflow last week was Blackrock's Ethereum ETF ETHA, with a weekly net inflow of $19.1 million, and the current total historical net inflow of ETHA has reached $1.28 billion. Next is Fidelity's Ethereum ETF FETH, with a weekly net inflow of $6.25 million, and the current total historical net inflow for FETH has reached $504 million.

As of press time, the total asset value of Ethereum spot ETFs is $6.82 billion USD; The ratio between their market cap compared to that in relation to all Etherium on market stands at 2.28%, while its cumulative historic outflows have already hit around about half-a-billion dollars ($504m).

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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