According to SoSoValue data cited by Odaily, Ethereum spot ETFs recorded a combined net outflow of $14.91 million during last week’s trading days, covering June 8 to June 12 Eastern Time. Odaily’s report also stated that Ethereum spot ETFs have now posted net outflows for five consecutive weeks. The weekly data showed a clear split among individual products, with two Grayscale funds ranking at the top of the outflow list and BlackRock’s ETHB recording the strongest inflow for the period.
Grayscale Products Led Weekly Outflows
The Ethereum spot ETF with the largest net outflow last week was Grayscale Ethereum Trust ETHE. ETHE posted a weekly net outflow of $17.4201 million. At the current reporting point, ETHE’s historical total net outflow has reached $5.32 billion, leaving it with the largest cumulative outflow figure among the products mentioned in the report.
The second-largest weekly outflow came from Grayscale Ethereum Mini Trust ETH, which recorded a net outflow of $10.947 million for the week. Unlike ETHE, however, ETH still has a historical total net inflow of $1.86 billion based on the data provided. The figures show that both Grayscale products saw redemptions over the same weekly period, while their cumulative flow profiles remain different.
BlackRock ETHB Registered the Largest Weekly Inflow
The Ethereum spot ETF with the largest net inflow last week was BlackRock ETF ETHB. ETHB recorded a weekly net inflow of $28.5724 million, bringing its historical total net inflow to $562 million. Within the same reporting window, ETHB’s inflow offset part of the outflows seen in the Grayscale products, but the overall Ethereum spot ETF category still ended the week with a net outflow.
As of the time of publication, the total net asset value of Ethereum spot ETFs stood at $9.16 billion. The ETF net asset ratio, defined in the report as market value relative to Ethereum’s total market capitalization, reached 4.56%. On a cumulative historical basis, Ethereum spot ETFs have recorded total net inflows of $11.19 billion.