Ethereum ETF net inflow stalls at $0.00, but $2.24B total still holds

By Peter Macharia - Technical Analyst
Disclaimer: Cryptocurrencies are a high-risk asset class. This article does not constitute investment advice and is provided for informational purposes only. You could lose all of your capital.
Ethereum
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According to a recent update by SoSoValue as of April 17, the daily net inflow across all ETFs was reported as $0.00. The cumulative total net inflow reached $2.24 billion while the total value traded stood at $178.76 million. Meanwhile, the total net assets amounted to $5.27 billion, representing 2.76% of Ethereum’s market capitalization.

BlackRock’s ETHA leads Ethereum ETF assets with $1.87B

A deeper view indicates that BlackRock’s ETHA topped the list by net assets with $1.87 billion and a cumulative inflow of $4.05 billion. 

Source: SoSoValue

ETHA recorded a 0.25% daily decline and traded $93.81 million with a volume of 7.80 million units. Grayscale’s ETHE followed with $1.85 billion in net assets but held a cumulative outflow of $4.24 billion. Its daily trading value stood at $50.60 million, and it recorded a 0.38% drop in market price.

The third-largest in net assets was ETH by Grayscale, with $721.95 million. It maintained a flat premium and a cumulative inflow of $570.13 million. ETH experienced a 0.40% daily drop and recorded $9.70 million in trades with 646,000 units moved. Fidelity’s FETH held $575.86 million in net assets and posted a 0.38% decline. FETH had $13.11 million traded and a volume of 823,880 units.

ETHV registered $68.59M in assets with $131.09M inflow

Bitwise’s ETHW held $139.83 million in net assets with $308.43 million in cumulative inflows. ETHW traded $6.49 million in value with a 0.18% dip and 568,440 units in volume. ETHV from VanEck registered $68.59 million in assets, supported by a $131.09 million inflow. It dropped 0.19% and traded $2.52 million on a 107,860 unit volume.

EZET from Franklin posted $18.70 million in net assets with a $36.50 million cumulative inflow. EZET ended with a 0.25% decline on $589,210 traded and 48,880 units exchanged. Invesco’s QETH had $11.89 million in assets and showed a 0.29% premium. QETH traded $65,780 in value and dipped 0.06%. CETH from 21Shares posted $10.48 million in assets and $15.14 million in inflows. It dropped 0.38% and traded $80,880 with 23,450 units moved.

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Peter Mwangi is a skilled crypto news writer with over three years of experience in the writing industry. He is known for his well-researched, insightful content and has contributed to major crypto publications. Peter, committed to learning and teamwork, brings great storytelling and leadership skills to the BTCRead team. You can reach out to Peter at petermwangi@btcread.com.
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