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Ethereum ETFs Record $16.11M Daily Outflow As Total Assets Hit $7.22B
ETHA tops Ethereum ETFs with $2.60B in assets and an 8.84% gain.
FETH sees a $19.30M outflow, but the price jumps to $23.08.
All Ethereum ETFs post price increases above 8.8% on May 8.
The daily total net inflow for Ethereum ETFs recorded a decline of $16.11 million as of May 8. This drop reduced momentum despite the cumulative total net inflow reaching $2.45 billion. The total net assets held stood at $7.22 billion, accounting for 2.74% of Ethereum’s market capitalization.
BlackRock’s ETHA Leads Ethereum ETFs With $2.60B in Assets
Total value traded across all Ethereum ETF products reached $591.53 million. Among individual funds, BlackRock’s ETHA remained the dominant product with $2.60 billion in net assets. Its market price closed at $17.48 with an 8.84% daily increase. The fund maintained a 0.99% Ethereum market share, the largest among all listed ETFs
Source: SoSoValue
Grayscale’s ETHE ranked second in net assets with $2.40 billion. It posted an 8.91% daily gain, closing at $19.19 per share. Despite the gains, ETHE has a cumulative net outflow of $4.30 billion to date. It still held a 0.91% share of Ethereum's market cap as of the reporting date
Grayscale’s second product, ETH, registered a $3.19 million net inflow on May 8. This brought its cumulative net inflow to $620.17 million. It managed $1.02 billion in net assets, closing at $21.75 with a 9.02% daily gain. ETH represented 0.39% of Ethereum’s market.
Fidelity’s FETH Posts $19.30M Outflow Despite 8.87% Price Surge
Fidelity’s FETH saw a sharp outflow of $19.30 million within the same day. However, the fund still held $1.43 billion in cumulative inflows. FETH's market price climbed by 8.87%, reaching $23.08, with $844.12 million in net assets. Bitwise’s ETHW had no daily inflows or outflows but maintained $317.01 million in cumulative net inflow. The ETF closed at $16.59 with a 9.07% price increase and held $193.68 million in net assets. Its share of the Ethereum market remained at 0.07%.
VanEck’s ETHV posted no inflow on May 8 but held $133.67 million in cumulative inflows. It closed at $33.86 with an 8.98% increase. The fund reported $92.94 million in net assets and a 0.04% Ethereum share. Franklin’s EZET closed at $17.53 with an 8.81% price gain. Its net assets reached $24.50 million with a cumulative inflow of $36.50 million. The ETF maintained a 0.01% share of Ethereum’s market value.21Shares’ CETH recorded a $19.28 million net inflow, bringing total inflows to $19.28 million. The ETF closed at $11.54 with an 8.92% daily gain. It held $11.54 million in assets and a market share of 0.01%. Across the board, Ethereum ETF products posted strong daily price gains. Seven out of eight ETFs saw increases above 8.8% with no negative price movements. Trading volumes also showed significant activity, led by ETHA’s $239.75 million value traded.