U.S. Ethereum spot ETF experiences net outflows for 4 consecutive trading days... Outflow trend is slowing down

The US Ethereum spot ETF market has recorded outflows for four consecutive trading days.

According to SoSo Value data, as of May 14 local time, the US Ethereum spot ETF market registered a daily net outflow of $5.65 million.

After outflows on the 11th ($16.89 million), 12th ($130.62 million), and 13th ($36.3 million), the outflows have continued for four trading days, bringing the cumulative net inflow/outflow scale to a total net outflow of $11.9 billion.

Among all 10 products, ▲Fidelity FETH ( $6.88 million ) ▲VanEck ETHV ( $3.37 million ) and ▲Franklin EZET ( $870,860 ) saw inflows.

On the other hand, ▲BlackRock ETHA ( -$13.21 million ) and ▲BlackRock Staking ETHB ( -$3.55 million ) experienced outflows, while the remaining products were flat.

Total trading volume for Ethereum spot ETFs reached $609.1 million. By product, the trading volume rankings are as follows: BlackRock ETHA $418.77 million, Grayscale (Grayscale) ETH $50.45 million, and Fidelity FETH $43.19 million.

Total net asset value (NAV) reached $13.45 billion, accounting for approximately 4.85% of Ethereum’s total market capitalization. The ETFs with the highest NAV are BlackRock ETHA $7.19 billion, Grayscale ETH $2.09 billion, and Grayscale ETHE $1.86 billion.

ETH-4%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned