According to ForSight News and data from SuSu Value on September 4, Ethereum spot exchange-traded funds (ETFs) experienced a total net outflow of $167 million. During this period, BlackRock’s ETF, ETHA, recorded the largest single-day net inflow of $149 million, bringing its historical total net inflow to $13.122 billion. In contrast, Fidelity’s ETF, FETH, faced the largest single-day net outflow of $217 million, though its cumulative net inflow remains at $2.515 billion. Recent reports indicate that the total net asset value of Ethereum spot ETFs stands at $27.78 billion, representing 5.34% of Ethereum’s total market capitalization. The overall historical net inflow for these ETFs has reached $13.172 billion. Ethereum spot ETFs offer investors direct exposure to blockchain-based crypto assets, enhancing market transparency and liquidity. Major financial institutions like BlackRock and Fidelity play a significant role in this sector, boosting Ethereum’s popularity and investment accessibility. The current net outflow may reflect cautious investor behavior or profit-taking, potentially impacting Ethereum’s prices and ETF performance in the near term. Nevertheless, Ethereum’s growing global acceptance and innovative blockchain technology continue to establish it as a stable long-term investment option.
Source: binance
