Ethereum ETFs Hold Steady as Cumulative Inflows Hit $2.36B

• Most Ethereum-based ETFs report daily declines between -14% and -15%. 
• Cumulative net inflows in Ethereum products stand at $2.36B. 
• Key products like ETHE and ETHA see substantial market movements.

The recent market for Ethereum-based exchange-traded funds (ETFs) recorded no losses or gains. According to the SoSoValue update, the daily total net inflow remains at $0.00, suggesting no significant inflows on this specific day. The cumulative total net inflow is reported at $2.36B, indicating overall market activity over time. The total value traded has reached $646.99 million, marking the most recent trading updates.

ETHE and ETHA Lead in Net Assets Despite Price Losses

The total net assets of all Ethereum products stand at $5.26B, accounting for 2.78% of the total Ethereum market capitalization. Regarding individual products, ETHE on the NYSE, managed by Grayscale, shows a net asset value of $1.86B. This product currently holds 0.98% of Ethereum’s total market share, with a daily market price of $12.85. 

However, it reports a daily change of -14.73%, reflecting significant downward movement in the price. On the other hand, “ETHA” on the NASDAQ, sponsored by BlackRock , has a cumulative net inflow of $4.05B. This product has 0.97% of the market share, with a daily price of $11.63, experiencing a daily decrease of -15.11%.

Another key data point is “ETH” on the NYSE, also managed by Grayscale, which has $703.43 million in net assets, representing 0.37% of the Ethereum market. Its market price stands at $14.52, and it has a daily change of -14.84%. FETH on CBOE, sponsored by Fidelity, has reported a significant net asset value of $619.73 million. This ETF product sees a lower market share of 0.33% and a daily price of $15.40, with a daily decline of -14.78%.

Consistent Declines Seen Across FTHW, EZET, QETH, and CETH

The data also reveals smaller Ethereum products like FTHW, EZET, QETH, and CETH, each showing modest net asset values and fluctuating market prices. The daily changes for these products range from -14.61% to -14.88%, signaling a consistent downward movement across all the Ethereum-based ETFs listed.

In addition, the net inflows for these products mostly remain minimal, with “FETH” and “ETH” showing the largest cumulative net inflows. The values traded across the different platforms are significantly affected by the broader market trends and performance of Ethereum-based assets. 
The performance data reported by SoSoValue indicates the Ethereum exchange-traded fund market displays substantial daily fluctuations because assets mostly decline between -14% to -15%, according to daily reports. Market sentiment changes continuously while exchange-traded products experienced steady flow and withdrawal patterns in their cumulative data.