Ethereum Market Report
On May 8, according to SoSoValue data, Ethereum spot ETF products recorded a total outflow of 16.1138 million USD over three consecutive days. However, Grayscale Mini Trust ETH ETF recorded a net inflow of 3.1893 million USD, becoming the product with the highest inflow, reaching a cumulative inflow of 620 million USD.
Meanwhile, Fidelity FETH saw the largest outflow of funds in a day with a total of 19.3031 million USD, although the cumulative inflow still reached 1.427 billion USD.
The total net asset value of the current Ethereum spot ETF is 7.219 billion USD, accounting for approximately 2.74% of the total market capitalization of Ethereum.
This information is provided for reference regarding the market situation and does not constitute investment advice.
Source: https://tintucbitcoin.com/ethereum-etf-rut-1611-trieu-usd-3-ngay-lien-tiep/
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