Odaily reported, citing SoSoValue data, that spot Ethereum ETFs recorded a combined weekly net outflow of $14.91 million during the trading days from June 8 to June 12 Eastern Time. The Odaily headline used a figure of $14.9072 million, while the body of the report listed the weekly net outflow at $14.91 million. The category has now posted net outflows for five consecutive weeks.
Grayscale Products Led Weekly Outflows
Among individual spot Ethereum ETF products, the largest weekly net outflow came from Grayscale Ethereum Trust ETHE. According to the data, ETHE saw a weekly net outflow of $17.4201 million. Its cumulative historical net outflow has reached $5.32 billion.
Another Grayscale product, the Grayscale Ethereum Mini Trust ETH, ranked second by weekly net outflows. The product recorded a weekly net outflow of $10.947 million. As of the time of the report, ETH’s cumulative historical net inflow stood at $1.86 billion.
BlackRock ETHB Recorded the Largest Weekly Inflow
On the inflow side, the spot Ethereum ETF with the largest net inflow last week was BlackRock ETF ETHB. SoSoValue data showed that ETHB recorded a weekly net inflow of $28.5724 million. Its cumulative historical net inflow has reached $562 million.
As of the time of publication, the total net asset value of spot Ethereum ETFs was $9.16 billion. The ETF net asset ratio, defined in the report as the share of market value relative to Ethereum’s total market capitalization, stood at 4.56%. Historical cumulative net inflows into spot Ethereum ETFs reached $11.190 billion.