Ethereum Spot ETFs See Third Consecutive Day of Net Inflows
Ethereum spot ETFs recorded their third consecutive day of net inflows yesterday, August 19, according to SoSoValue data. The total net inflow for these funds was a significant $189 million.
The largest single-day net inflow among Ethereum spot ETFs belonged to Blackrock's ETHA, which saw an influx of $122 million. This brings its historical total net inflow to $11.846 billion.
Fidelity's FETH also experienced a notable influx, with a daily net inflow of $36.5352 million, and a total historical net inflow of $2.160 billion.
The total net asset value of Ethereum spot ETFs now stands at $12.063 billion, with an ETF net asset ratio (market cap relative to Ethereum's total market cap) of 4.51%. The cumulative net inflow for these funds has reached $11.744 billion.