Spot Ethereum exchange-traded funds recorded total net outflows of $28.04 million on July 16, Eastern Time, according to SoSoValue. Bitwise’s ETHW was the day’s top inflow product and the only ETF to post net inflows, adding $2.28 million and bringing its cumulative historical net inflow to $384 million. The largest single-day outflow came from Grayscale Ethereum Mini Trust ETF, ETH, which lost $14.28 million on the day, while its cumulative historical net inflow stood at $1.80 billion. As of press time, spot Ethereum ETFs had a combined net asset value of $10.099 billion. Their net asset ratio, measured as a share of Ethereum’s total market capitalization, was 4.47%. Historical cumulative net inflows across the category reached $11.042 billion.
Spot Ethereum exchange-traded funds posted total net outflows of $28.04 million on July 16, Eastern Time, according to SoSoValue.
Bitwise ETF ETHW recorded the largest single-day net inflow, bringing in $2.28 million. Its cumulative historical net inflow has now reached $384 million.
The largest single-day net outflow came from Grayscale Ethereum Mini Trust ETF, ETH, which saw $14.28 million leave the fund. Its cumulative historical net inflow stands at $1.80 billion.
As of press time, the total net asset value of spot Ethereum ETFs was $10.099 billion. The ETF net asset ratio, measured against Ethereum’s total market capitalization, was 4.47%, while cumulative historical net inflows reached $11.042 billion.
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