Ethereum Spot ETF experiences continuous outflows for 4 trading days……outflow trend shows signs of easing

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Ethereum spot ETF funds have been outflowing for four consecutive trading days, but the rate of outflow is gradually slowing down.

According to SoSoValue data, as of March 23 (local time), the US Ethereum spot ETF market recorded a single-day net outflow of $16.18 million.

Since the 18th, there have been four consecutive days of net outflows, and the withdrawal trend continues. However, the scale of outflows is decreasing, and the pressure of capital outflow has eased. The total net inflow amounts to $11.71 billion.

Among the 10 products, only the supported staking function product ▲BlackRock ETHB (inflow of $1.11 million) recorded capital inflow. ▲BlackRock ETHA (outflow of $15.68 million) and ▲Fidelity FETH (outflow of $1.62 million) experienced capital outflows, while the other products had no significant change in funds.

On the same day, the total trading volume of Ethereum spot ETFs reached $1.14 billion. In order of trading volume, the top products are BlackRock ETHA ($824.15 million), Grayscale ETH ($99.77 million), and Fidelity FETH ($94.19 million).

The total net asset value is $12.51 billion, accounting for approximately 4.79% of Ethereum’s total market capitalization. The ETFs with the highest net assets are: BlackRock ETHA ($6.83 billion), Grayscale ETH ($1.88 billion), and Grayscale ETHE ($1.85 billion).

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