US Spot Ether ETFs Draw $9.03 Million of Net Inflows

The US-listed spot Ether exchange-traded funds (ETFs) have seen significant net inflows. According to SoSoValue, the combined net inflows for the 11 US-listed spot Ether ETFs on July 31 were $9.03 million.

BlackRock's ETHB led the gains with an impressive $15.38 million of net inflows in a single day. Other notable products include BlackRock's ETHA and Grayscale's ETHE, both established flagship products, which saw no net inflows or outflows.

However, some funds experienced modest outflows. Bitwise's ETHW saw $2.54 million leave the fund, while Grayscale's ETH lost $1.96 million and Fidelity's FETH posted net outflows of $1.86 million. The remaining six products, including VanEck's ETHV, Franklin's EZET, and Morgan Stanley's MSSE, recorded no flows.

The data from SoSoValue provides valuable insights into the current market trends for spot Ether ETFs in the US.