Overall Capital Flow: Weekly Net Outflow of $273 Million
Data from SoSoValue reveals that Ethereum spot ETFs experienced significant capital outflows during the trading week from June 22 to June 26 (Eastern Time), aggregating to a net outflow of $273 million. As of press time, the total net asset value of Ethereum spot ETFs reached $8.38 billion, with the ETF net asset ratio (market value of Ethereum spot ETFs relative to total Ethereum market cap) at 4.42%. Since inception, the historical cumulative net inflow remains at $10.9 billion.
Divergent Institutional Performance: BlackRock's ETHA Leads Outflows, Bitwise ETHW Captures Inflows
BlackRock's ETHA recorded the largest weekly net outflow among all Ethereum spot ETFs, totaling $236 million, which accounted for 86.5% of the total outflows. ETHA's cumulative net inflow since launch stands at $11.08 billion, maintaining its position as the largest Ethereum spot ETF. Grayscale's Ethereum Mini Trust ETH followed with a weekly net outflow of $22.22 million, bringing its cumulative net inflow to $1.83 billion. In contrast, Bitwise's ETHW emerged as the only product to attract net inflows during the week, with a modest $557,000 inflow, accumulating a total net inflow of $385 million.
The data highlights a clear divergence in capital flows among different issuers' products. While BlackRock's dominant ETHA suffered a substantial single-week outflow, Bitwise's ETHW managed to attract incremental capital, indicating selective investor preference. Market participants will closely monitor subsequent Ethereum price movements and ETF flow dynamics.