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The Ethereum spot ETF had a total net outflow of $874,600 yesterday, continuing the net outflow for 6 days

The Ethereum spot ETF had a total net outflow of $874,600 yesterday, continuing the net outflow for 6 days

Bitget2024/08/23 03:58

News on August 23, according to SoSoValue data, yesterday (Eastern Time August 22) Ethereum spot ETF had a total net outflow of $874,600. Yesterday's Grayscale Ethereum Trust ETF ETHE had a single-day net outflow of $19,842,700 and the current historical net outflow for ETHE is $2.523 billion. Grayscale's mini Ethereum Trust ETF ETH saw a single-day net inflow of $3,683,700 and its total historical net inflow stands at $236 million. The Ethereum spot ETF with the highest single-day net inflow yesterday was Fidelity's FETH with an inflow of $14,330,300; currently FETH has reached a total historical net inflow of $390 million. This was followed by Grayscale’s ETH with a daily influx of USD 3.68 million; currently ETH has reached a total historical influx of USD 236 million. As of press time, the NAV (Net Asset Value) for Ethereum Spot ETFs is at USD 7.265 billion and the ratio between this value and Etherum’s market cap is at 2.3%. The cumulative historic outflows have now reached USD459 million.

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