Total cost $229.95M, resulting in BlackRock’s ETHA loss
TLDR
Ethereum ETFs saw daily net inflows of $229.95M, a long-term increase in aggregate inflows. BlackRock's ETHA experienced the largest outflow, losing $92.30M, while its total net assets remained at $10.61B. Fidelity's FETH fell 8.92% to $29.92 for a market value of $51.54M. Greyscale's ETH ETFs ( ETHE , ETH ) also faced outflows, with ETHE losing $38.50M and ETH $11.06M. ETHW, ETHV saw minimal outflows, while EZET, TETH and QETH ETFs showed stable trends with no inflows or outflows.
In the year According to a SoSoValue update on January 20th, the Ethereum ETF market has experienced inflows, with a daily net inflow of $229.95 million. The cumulative net income of Ethereum ETFs reached $12.68 billion, indicating long-term growth. The total trading value for the day was $2.23 billion, and the total net assets of Ethereum ETFs were $18.41 billion, representing 5.07% of Ethereum's market cap.
BlackRock's ETHA raised $92.3M, followed by Fidelity's FETH.
A deeper dive shows that BlackRock's ETHA recorded the highest inflow of $92.30 million, a decrease of 30.83K ETH. ETA's total net worth remains the highest at $10.61 billion. The fund's market value fell 8.88 percent to $22.67. The trading volume was 65.51 million shares.
Fidelity's FETH experienced a cost of $51.54 million, resulting in a return of 17.21 thousand ETH. The fund has $2.62 billion in net assets, and its market price fell 8.92 percent to $29.92. FETH's trading volume was 6.12 million shares.
Mid-tier Ethereum ETFs join the spending list, while others remain steadfast.
Greyscale's ETHE ETF experienced notable outflows, with $38.50 million out and 12.86K ETH bought. ETHE currently has a net worth of $2.67 billion. ETHE's market price dropped 8.92% to $24.52. The trading volume was 8.45 million shares.
Greyscale's ETH ETF, similar to ETHE, had a cost of $11.06 million and 3.69 thousand ETH. The ETF's total net income is $1.61 billion, but its current market price is down 8.90%, closing at $28.35. ETH's total net assets stand at $2.29 billion.
On the other hand, ETHW by Bitwise and ETHV by VanEek Ethereum ETFs also saw outflows, with ETHW recording a net outflow of $31.08 million and ETHV with a minimal outflow of $5.47 million. In contrast, EZET (Franklin), TETH (21Shares) and QETH (Invesco) recorded no inflows or outflows, indicating stable trends for those Ethereum ETFs.
