Fidelity's FETH Leads Ethereum Spot ETFs in Net Inflows Amid Mixed Trading

Ethereum spot ETFs saw significant movement in net inflows and outflows yesterday, September 8. According to SoSoValue data, there was a total net outflow of $24.2921 million from these funds.

Fidelity's FETH took the top spot for single-day net inflow with $9.8924 million, while Grayscale's ETH suffered the largest net outflow at $24.6098 million. This indicates that investors are currently favoring FETH over other Ethereum spot ETFs.

The total net asset value of Ethereum spot ETFs stands at $15.716 billion as of press time, with an ETF net asset ratio (market cap as a share of total Ethereum market cap) of 5.19%. Historical cumulative net inflows have reached $13.169 billion for these funds.