Ethereum spot ETF experienced a net outflow of $98.45 million after 3 trading days of inflow

TechubNews
ETH0,97%
ETHW-0,44%

The US Ethereum spot ETF market turned to net outflows after 3 trading days, with short-term supply and demand experiencing another fluctuation.

According to SoSoValue data, as of January 7 (local time), the US Ethereum spot ETF market experienced a single-day net outflow of $98.45 million.

After three consecutive trading days of capital inflows on the 2nd ($174.43 million), 5th ($168.13 million), and 6th ($114.74 million), the trend reversed to net outflows on that day. As short-term buying momentum slowed, the total net inflow reached $12.69 billion.

Looking at the ETF fund flows on that day, only Franklin EZET recorded a net inflow of $2.38 million. On the other hand, six ETFs experienced net outflows: ▲Grayscale ETHE (–$52.05 million), ▲Fidelity FETH (–$13.29 million), ▲Grayscale ETH (–$13.03 million), ▲Bitwise ETHW (–$11.23 million), ▲BlackRock ETHA (–$6.64 million). The remaining two products had no fund inflows or outflows.

The total trading volume was $1.3 billion, down from $1.72 billion on the previous trading day. The top traded products by volume were: ▲BlackRock ETHA ($763.38 million), ▲Grayscale ETH ($189.06 million), ▲Grayscale ETHE ($172.30 million).

The total net asset value (NAV) was $19.31 billion, accounting for approximately 5.10% of Ethereum’s total market cap. The products with the largest NAVs were: ▲BlackRock ETHA ($11.2 billion), ▲Grayscale ETHE ($2.79 billion), ▲Fidelity FETH ($2.34 billion).

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

UXLINK Hacker Stole $36 Million in ETH 6 Months Ago but Struggles With Constant Losses on Trading

The UXLINK ETH exploiter is back in the news, and not for successfully cashing out. Arkham Intelligence flagged the wallet this week after the hacker sold $11.8 million worth of ETH through CoWSwap for DAI. The trade itself isn’t the story. The story is what the on-chain record shows when you zoom o

BlockChainReporter17m ago

US Bitcoin Spot ETF Attracts Inflows for Seven Consecutive Days, Institutional Funds Return

Recent inflows into U.S. cryptocurrency spot ETFs have warmed, particularly with Bitcoin and Ethereum ETFs recording net inflows over multiple consecutive days, indicating increased investor allocation appetite. Bitcoin ETF recorded approximately $199.4 million in net inflows on the 17th, marking the longest consecutive inflow streak in five months, with capital primarily flowing to major issuers such as BlackRock and Fidelity. This wave of reflux is mutually reinforcing with Bitcoin price appreciation, reflecting the market's preference among traditional capital for allocation to regulated products, providing stable support to spot prices.

区块客1h ago

Mysterious Whale Completes $30.72M USDT Purchase of 14,425 ETH

Gate News bot message, according to Onchain Lens, the Mysterious Whale has deployed all $30.72M USDT to purchase 14,425 ETH at $2,130 per token. The whale now holds a total of 117,814 ETH valued at $251.6M. Previously, the same whale acquired 3,618 ETH for $7.7M USDT, building up from an earlier pos

GateNews1h ago

Erik Voorhees associated address increased holdings by 5805 ETH within nearly 50 minutes, valued at $12.34 million

On March 20, on-chain analysts detected that ShapeShift founder Erik Voorhees purchased 5,805.51 ETH within 50 minutes, spending approximately $12.344 million, bringing his total holdings to 109,194.73 ETH, currently valued at approximately $232 million.

GateNews2h ago

Mysterious Whale Acquires 3,618 ETH for $7.7M USDT

Gate News bot message, The Mysterious Whale has purchased 3,618 $ETH for $7.7M $USDT. The Mysterious Whale now holds 107,007 $ETH worth $229.12M and still holds $23M $USDT.

GateNews2h ago
Comment
0/400
No comments