Ethereum ETFs as ETHA Bleed $95.53M and ETHE Post the Biggest Cash Out
TLDR
Ethereum ETFs recorded a total daily net inflow of 95.53M on December 23, according to SoSoValue market data. Greyscale ETHE posted daily losses of $50.89M, leaving it as the only Ethereum ETF with negative cumulative earnings. BlackRock's ETHA posted daily inflows of $25.04M but still held the largest cumulative revenue at $12.65B. Several ETFs, including FETH, ETHV, QETH and TETH, reported no daily inflows or outflows, indicating a stable position. Total Ethereum ETF net assets reached $18.02B, representing 5.03% of Ethereum's total market capitalization.
Since December 23, Ethereum ETFs have recorded a total daily inflow of $95.53 million, according to SoSoSoValue data. Despite the day's losses, the SoSoValue update showed cumulative net inflows across all funds reached $12.43 billion. Total net assets in Ethereum ETFs reached $18.02 billion, equivalent to 5.03% of Ethereum's market cap.
Greyscale's ETHE is the top among Ethereum ETFs with a daily turnover of $50.89M.
The BlackRock ETHA ETF's daily net flow was $25.04 million, with 8.46 thousand ETH lost. ETHA has maintained the largest cumulative net income among Ethereum ETFs, totaling $12.65 billion. Its net assets are $10.34 billion, market value is $22.42 and 2.88% ETH market share. Greyscale's ETHE ETF recorded the highest daily inflow at $50.89 million with a loss of 17.20 thousand ETH. ETHE remained the only ETF with negative total revenue at $5.05 billion. It traded at $24.35 a share with a net worth of $2.70 billion.
Fidelity's FETH ETF saw no inflows or outflows during the session, putting total inflows at $2.64 billion. Its net assets are estimated at $2.19 billion, with a 0.61% share of the ETH ETF market. FETH traded at $29.59, registering a 0.30% decrease in price. Greyscale's spot ETH ETF also saw no net movement, maintaining a cumulative inflow of $1.50 billion. The ETF has $2.16 billion in net assets, a price of $28.02 and a 0.60% ETH stake. Daily volume had 6.98 million shares.
ETHW and EZET reported breakouts while ETHV, QETH, TETH ETFs held steady
Bitwise's ETHW ETF lost $13.98 million and lost 4.73 thousand ETH. Its net assets remained at $342.19 million, a value of $21.25 per share. It led the trading volume with 905.30K shares traded on the day. VanEck's ETHV ETF had no recorded inflows or outflows and held $171.02 million in net assets. The ETF traded at $43.41 with daily volume of 158.83K shares. ETHV has a 0.05% share of the ETH ETF market.
The Franklin EZET ETF lost $5.61 million and 1.90K ETH, bringing its net assets to $59.49 million. The trading volume reached 314.32K shares, with a price of $22.50. The ETF recorded a 0.27% decline in value. 21Shares TETH and Invesco's QETH ETFs reported no net inflows or outflows during the day. TETH ended with net assets of $31.17 million and a market value of $14.83. QETH traded at $29.59 with net assets of $25.82 million.
