Ethereum Spot ETF, Weekly Net Inflow of 2.5 Trillion Won... Second Largest Ever

This article is machine translated
Show original
Photo=PIXABAY
Photo=PIXABAY
The Ethereum spot ETF recorded a net inflow of $1.85 billion (approximately 2.55 trillion won) last week (US Eastern Time, 21st-25th), achieving the second-largest weekly inflow in history, as announced by SoSoValue today.

BlackRock's ETHA recorded the highest weekly net inflow at $1.29 billion, followed by Fidelity's FETH at $383 million. The cumulative net inflows for ETHA and FETH are $9.35 billion and $2.34 billion, respectively.

In contrast, Grayscale's Ethereum Trust ETHE showed a weak performance with a weekly net outflow of $42.03 million. The cumulative net outflow of ETHE amounts to $4.29 billion.

Currently, the total assets under management (AUM) of the Ethereum spot ETF is $20.66 billion (approximately 28.4777 trillion won), accounting for 4.64% of Ethereum's market capitalization. The cumulative net inflow of all ETFs stands at $9.33 billion (approximately 12.8604 trillion won).

Choi Joo-hoon joohoon@blockstreet.co.kr

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments