Ethereum Spot ETF Market Sees $70M Net Outflow After Five-Day Inflow Streak

The Ethereum spot ETF market experienced a significant shift yesterday, July 24th. The total net outflow of Ethereum spot ETFs reached $70.6179 million, ending a five-day streak of net inflows.

This outflow was led by the Blackrock ETF ETHA, which saw a net outflow of $52.7593 million. In contrast, Grayscale's Ethereum Trust ETF ETH had a net inflow of $9.9362 million, bringing its historical total net inflow to $1.810 billion.

The total net asset value of Ethereum spot ETFs currently stands at $10.167 billion, with an ETF net asset ratio (market value as a percentage of total Ethereum market value) of 4.53%. The historical cumulative net inflow has reached $11.183 billion.