Ethereum ETFs draw $104.16M daily, boosting inflows to $2.4B

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.
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According to a recent update by SoSoValue on Ethereum ETFs as of April 25, the daily total net inflow stands at $104.16 million, contributing to a cumulative total of $2.40 billion in net inflows. 

ETHA ETF reports $54.43M gain, marking the highest

ETHA (NASDAQ) recorded the highest daily net inflow of $54.43 million. It also holds the largest cumulative net inflow at $4.11 billion, with net assets totaling $2.18 billion. The ETF trades at $13.67, marking a 2.24% daily increase.

Source: SoSoValue

In contrast, ETHF (CBOE), managed by Fidelity, saw a daily net inflow of $35.94 million. This ETF has accumulated $1.43 billion in total net inflows and holds net assets of $724.09 million. ETHF’s market price rose by 2.21%, reaching $18.04.

The ETF managed by Grayscale (ETHE) saw a daily increase of $10.20 million in net inflows. However, the total net inflows for this ETF stand at a negative $4.28 billion, with net assets of $2.07 billion. ETHE’s market price sits at $15.02, reflecting a 2.39% increase.

Fidelity’s FETH ETF recorded a daily inflow of $35.94 million, with $1.43 billion in total net inflows and $724.09 million in net assets. The market value of FETH stands at $18.04 with a 2.21% increase.

ETHE, ETHW, and EZET extend the inflow track

ETHE experienced a price growth of 2.39%, which brought its market value to $15.02 despite overall investment withdrawals. Ethereum-backed products continue to maintain demand within investor circles, according to these opposing market trends.

ETHW by Bitwise recorded a daily net inflow of $1.80 million. This ETF has a total of $321.38 million in net inflows and net assets of $171.71 million. The price increased by 2.45%, reaching $12.96. ETHW (CBOE), managed by VanEck, also saw a price increase of 2.24%, reaching $26.44, with a cumulative net inflow of $133.67 million and net assets of $80.31 million.

EZET (CBOE), managed by Franklin, recorded a smaller daily net inflow of $5.37 million, with cumulative inflows of $36.50 million. Its net assets are $21.17 million, and its price increased by 2.24%, reaching $26.44.

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