Ethereum Spot ETFs Saw $40.24 Million Net Inflow Last Week, Marking Six Consecutive Weeks of Net Inflows
Odaily Planet Daily reported that, according to SoSoValue data, during last week's trading days (Eastern Time, June 16 to June 20), Ethereum spot ETFs saw a net inflow of $40.24 million for the week.
The Ethereum spot ETF with the highest net inflow last week was BlackRock's ETF ETHA, with a weekly net inflow of $48.19 million. To date, ETHA's total historical net inflow has reached $5.28 billion. The next highest was Grayscale's Ethereum Mini Trust ETF ETH, with a weekly net inflow of $10.59 million, bringing its total historical net inflow to $745 million.
The Ethereum spot ETF with the largest net outflow last week was Fidelity's ETF FETH, with a weekly net outflow of $14.91 million. Currently, FETH's total historical net inflow stands at $1.58 billion.
As of press time, the total net asset value of Ethereum spot ETFs is $9.60 billion, with the ETF net asset ratio (market value as a percentage of Ethereum's total market cap) at 3.28%. The cumulative historical net inflow has reached $3.89 billion.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitcoin (BTC) Tanks Toward $80K, Ripple (XRP) Loses Key Support: Weekend Watch
WLD Price Prediction: Worldcoin Eyes $12 as Cloudflare Partnership Advances
Last week, retail investors made a "record-breaking" dip buy of US chip leveraged ETFs, but this week they plummeted.
Last week, retail investors poured $6.1 billion into 3x leveraged chip ETFs, but suffered a 20.5% single-day plunge this Thursday, almost perfectly coinciding with the start of the rapid downturn. The cumulative decline in October has exceeded 43%, far surpassing the 15.9% loss of non-leveraged products during the same period. The root cause lies in the market’s skepticism toward AI investment returns. The most significant uncertainty is whether aggressive spending by tech giants will actually deliver on profit expectations, while the use of leverage has exponentially magnified the cost of this misjudgment.
Africa’s payment giant backed by SoftBank is rushing to list in the US! Opay (OPAY.US) plans to raise $336 million, with its valuation possibly exceeding $4 billion
The payment platform Opay Ltd., which focuses on the Nigerian market, plans to raise up to 336 million dollars through an initial public offering (IPO).
Crypto prices
More
