Ethereum Spot ETF Sees Significant Outflows Despite BlackRock’s ETHA Leading with $18.87M Inflow

On November 15th, COINOTAG reported a notable shift in the Ethereum spot ETF landscape. Data from SoSoValue indicates that on November 14th, a significant net outflow of $3.2429 million was recorded in the Ethereum spot ETF. Particularly concerning was the Grayscale Ethereum Trust ETF (ETHE), which faced a staggering daily net outflow of $21.9011 million, contributing to a dramatic historical total of $3.203 billion in outflows. In contrast, the Grayscale Ethereum Mini Trust ETF reported a stable performance with net inflows totaling $380 million, reflecting consistent investor interest in this segment.

Among the various ETF offerings, BlackRock’s ETF ETHA emerged as a leader, showcasing a remarkable daily net inflow of $18.8693 million, bringing its historical total to $1.724 billion. The Invesco ETF QETH also demonstrated resilience with a daily inflow of $0.929 million, which has accumulated to a historical total of $29.0691 million. Currently, the total net asset value of Ethereum spot ETFs stands at an impressive $9.269 billion, with an ETF net asset ratio of 2.48% against Ethereum’s total market capitalization.

Source: https://en.coinotag.com/breakingnews/ethereum-spot-etf-sees-significant-outflows-despite-blackrocks-etha-leading-with-18-87m-inflow/