Ethereum Spot ETF Inflows and Outflows Reach Significant Levels

Recent data from SoSoValue, revealed by Foresight News, shows the Ethereum spot ETF market experienced both substantial inflows and outflows during the week of October 6th to 10th. Blackrock’s ETHA ETF witnessed a significant inflow of $638 million in a single week, bringing its total historical net inflow to an impressive $14.49 billion. Grayscale’s Ethereum Mini Trust ETF (ETH) followed with a weekly inflow of $11.75 million, reaching a cumulative $1.53 billion. Conversely, Fidelity’s FETH saw the largest outflow of $126 million over the same period. Despite this, its total historical net inflow remains at $2.69 billion. The latest report on Ethereum spot ETFs shows a total asset value of $27.51 billion with an ETF net asset ratio of 5.89% against the entire Ethereum market cap. This marks a cumulative historical net inflow of $14.91 billion for these ETH focused funds, showing a strong trend in the market.