The Ethereum spot ETF had a total net outflow of $874,600 yesterday, continuing the net outflow for 6 days
According to Foresight News and SoSoValue data, Ethereum spot ETF had a total net outflow of $874,600 on August 22. Yesterday, Grayscale's Ethereum Trust ETF ETHE had a single-day net outflow of $19,842,700. The current historical net outflow for ETHE is $252.3 million. Grayscale's Mini Ethereum Trust ETF ETH saw a single-day net inflow of $3,683,700; the total historical net inflow for this mini trust is now at $23.6 million.
The Ethereum spot ETF with the highest single-day net inflow yesterday was Fidelity's FETH which saw an influx of $14,330,300 bringing its total historical inflows to reach $39 million. This was followed by Grayscale’s ETH with a daily influx of 3.68 million USD and its total historic influx reaching 236 million USD.
As of press time, the Net Asset Value (NAV) for all Ethereum Spot ETFs stands at approximately 7.265 billion USD while their NAV ratio (the proportion compared to the overall market value of Ether) has reached 2.3%. The cumulative historic outflows have reached up to around 459 million USD.
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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