Ethereum Spot ETFs See $78.89 Million Net Inflow as Blackrock Leads the Pack

Recent data from SoSoValue indicates that during the trading week from October 14 to October 18, Ethereum spot ETFs experienced a substantial net inflow of $78.89 million. Notably, the Grayscale Ethereum Trust ETF (ETHE) recorded a net outflow of $31.03 million, with a staggering historical outflow totaling $3.01 billion. In contrast, the surge in inflows was predominantly driven by the Blackrock Ethereum ETF (ETHA), which saw net inflows of $49.76 million, bringing its cumulative inflows to $1.26 billion. The Fidelity Ethereum ETF (FETH) also contributed to the positive trend, with net inflows of $43.52 million and total inflows of $498 million. Currently, the aggregate net asset value of these Ethereum spot ETFs stands at $7.346 billion, representing an ETF net asset ratio of 2.31% and a historical cumulative net outflow of $480 million.

Source: https://en.coinotag.com/breakingnews/ethereum-spot-etfs-see-78-89-million-net-inflow-as-blackrock-leads-the-pack/