Daily Outflows Hit $60M for Ethereum Spot ETFs, Cumulative Inflows Hold At $2.4B

ETH Spot ETFs met a $60.47M outflow on December 19, ending positive inflows.

Grayscale’s ETHE recorded the largest outflow at $58.13M, with cumulative outflows reaching $3.62B and assets at $4.81B.

Total Value Traded across Ethereum Spot ETFs stood at $1.26B, with net assets reading 2.94% of ETH’s market cap.

Ethereum ETFs have been on a roll for nearly a month, as they haven’t recorded a single net outflow day since November 21. However, the space around them changed, with investors pulling $60.47 million. The asset has been down by over 9% in the past day and has struggled at $3,350 after its latest rejection at $4,000.

ETH Spot ETFs Record $60M Outflow, $1.26B Traded, $11.98B in Net Assets

Ethereum Spot ETFs experienced notable outflows on December 19, according to updated metrics from SoSoValue. Despite the daily decline, cumulative net inflows stood at $2.40 billion.

Source: SoSoValue

The Total Value Traded across all Ethereum Spot ETFs reached $1.26 billion, reflecting significant market activity. Meanwhile, the total net assets of Ethereum ETFs amounted to $11.98 billion, which represents 2.94% of Ethereum’s market capitalization.

Grayscale Leads Ethereum ETF Outflows at $58M

Grayscale’s ETHE (NYSE) reported the largest daily net outflow of $58.13 million, contributing to cumulative net outflows of $3.62 billion. Its net assets were recorded at $4.81 billion, while its market price dropped by 8.59%. Similarly, Grayscale’s ETH (NYSE) saw outflows of $3.18 million, bringing cumulative inflows to $597.05 million, with net assets valued at $1.60 billion.

BlackRock’s ETHA (NASDAQ) reported no inflows or outflows for the day but maintained cumulative inflows of $3.45 billion and net assets at $3.54 billion. Its market price declined by 8.52%. Fidelity’s FETH (CBOE), however, recorded positive inflows of $5.05 million, pushing cumulative inflows to $1.39 billion and net assets to $1.40 billion, despite an 8.73% drop in price.

VanEck’s FETV (CBOE) added $4.94 million in daily net inflows, bringing cumulative inflows to $127.79 million, with net assets totaling $148.25 million. Its price fell by 8.62%. Franklin’s EZET (CBOE) and Invesco’s QETH (CBOE) saw minor changes, with the former maintaining net assets of $46.17 million and the latter reporting daily outflows of $2.36 million.

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