Overview of Financial Flows in Ethereum Cryptocurrency ETFs
Daily net flows and total historical flows
According to data from SoSoValue, on June 20, the total net flow of Ethereum cryptocurrency ETFs decreased by 11,344.4 USD. This figure reflects the strong volatility of the digital financial market in the cryptocurrency sector, especially in spot ETF funds. Investors are increasingly focusing on Ethereum ETFs to diversify their portfolios, but are also very sensitive to market fluctuations.
Outstanding Ethereum ETFs by cash flow
ETH ETF with the largest inflow of the day
On June 20, the Grayscale Ethereum Mini Trust ETF recorded an extremely impressive net inflow of 6,599.2 USD. As of now, the total capital inflow for ETH in ETF funds has reached 745 million USD. This is a positive sign for the ETH market, reflecting the confidence of institutional and individual investors in the long-term potential of this cryptocurrency.
ETH ETF with second highest inflow
Next is the VanEck ETHV ETF, with inflows on the day reaching 1,766.1 USD. In total, the capital inflow into ETHV has reached 141 million USD. This capital allocation shows diversity in the choice of cryptocurrency investment products, helping investors minimize risks and optimize profits.
ETH ETF with the largest outflow of the day
Despite the positive inflows, Blackrock's ETHA ETF experienced a net outflow of up to 19,709.6 USD on June 20. As of now, the total historical net flow of ETHA has surpassed 5.284 billion USD, reflecting a large number of investors inclined to withdraw capital or take profits in the short term.
Total asset value and % rate of ETH ETFs
At the time of writing, the total net value of Ethereum ETFs has reached 9.605 billion USD. The market value ratio of this ETF compared to the total market capitalization of ETH is 3.28%. Additionally, the accumulated historical net flow has reached 3.895 billion USD. This data indicates that Ethereum continues to hold an important position in the global cryptocurrency market, attracting the interest of many large and small investors.
Conclusion
The Ethereum cryptocurrency ETF market is showing strong appeal. The inflow of funds into ETH funds demonstrates trust and expectations for the potential of this cryptocurrency. Investors need to closely monitor cash flow fluctuations while considering risk factors to optimize investment strategies. With continuous growth, Ethereum remains a bright spot in the long-term cryptocurrency investment portfolio.
Source: https://tintucbitcoin.com/ethereum-spot-etf-thu-1134-trieu-usd/
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