Ethereum Spot ETFs Suffer First Net Outflow in 12 Days
A recent surge in Ethereum holdings has come to an end, according to data from SoSoValue. Yesterday, September 2nd (Eastern Time), the total net outflow of Ethereum spot ETFs reached $48.07 million. This marks a reversal after a 12-day period of net inflows.
The Blackrock Staked ETH ($2,419.74 · Live) ETF ETHB saw the largest single-day net inflow at $52.91 million. To date, ETHB has seen a total net inflow of $758 million. The second-largest net inflower was 21Shares' TETH, with $20.27 million in inflows.
The largest single-day net outflow occurred in the Blackrock ETF ETHA at $53.35 million. Notably, despite this recent outflow, ETHA has seen a total net inflow of over $12.74 billion to date.
The total asset value of Ethereum spot ETFs stands at $1.49 billion, with an asset-weighted share of 5.13% relative to the total market capitalization of Ethereum. Historically, these funds have seen a cumulative net inflow of $1.30 billion.