Ethereum ETFs See $116.9M Inflow as Fidelity’s FETH Dominates

TLDR

  • Ethereum ETFs recorded a $116.99 million daily net inflow, with total net assets reaching $17.62 billion.
  • FETH led all ETFs with a $137.24 million inflow, adding 47.11K ETH in a single day.
  • ETHA posted the largest outflow of $20.25 million, despite holding $9.98 billion in net assets.
  • ETHE and ETH (Grayscale) showed no daily flow change, with combined net assets of $4.8 billion.
  • Other Ethereum ETFs including ETHW, ETHV, EZET, TETH, and QETH reported no inflows or outflows for the day.

As of January 26, the Ethereum ETF market recorded a daily net inflow of $116.99 million across all funds. Cumulative total net inflow stood at $12.42 billion, while total net assets reached $17.62 billion, representing 5.03% of Ethereum’s market cap. The total trading value for the day was $1.23 billion.

Fidelity’s FETH Invites $137.24M, but BlackRock’s ETHA Exits $20.25M

An update by SoSoValue confirms that FETH (Fidelity, CBOE) led the Ethereum ETFs market with the highest daily net inflow of $137.24 million, adding 47.11K ETH. Its net assets were reported at $2.25 billion, with $112.82 million traded and 3.89M shares exchanged. It closed at a market price of $28.91 with a -1.26% daily price change.

Ethereum ETFs
Source: SoSoValue (Ethereum ETFs)

ETHA (BlackRock, NASDAQ) recorded the largest outflow at -$20.25 million and a 1-day ETH outflow of -6.95K. Despite the outflow, its cumulative net inflow remained positive at $12.49 billion. The fund held $9.98 billion in net assets and traded $722.04 million in volume.

Other Ethereum ETFs Record No Change in Flows

ETHE (Grayscale, NYSE) and ETH (Grayscale, NYSE) Ethereum ETFs recorded no inflows or outflows for the day. ETHE reported a cumulative net outflow of -$5.12 billion, with $2.56 billion in net assets and $144.44 million traded.

Grayscale’s ETH ETF held $2.24 billion in net assets and traded $206.84 million with 7.51M shares exchanged. ETHW (Bitwise, NYSE) showed no movement in daily inflow, maintaining a cumulative net inflow of $408.34 million.

ETHV (VanEck, CBOE) reported $0.00 daily inflow and held $145.97 million in net assets with a cumulative inflow of $164.18 million. It traded $9.99 million and closed at $42.41 with 234.68K shares exchanged. EZET, TETH, and QETH Ethereum ETFs recorded no daily inflows or outflows. EZET held $58.56 million in assets, TETH reported $26.62 million, and QETH reported $25.21 million.

The post Ethereum ETFs See $116.9M Inflow as Fidelity’s FETH Dominates appeared first on Blockonomi.

Source: https://blockonomi.com/ethereum-etfs-see-116-9m-inflow-as-fidelitys-feth-dominates/