Real Money Flow Into Ethereum Spot ETF Increases Strongly Last Week
According to updated SoSoValue data for the week from 16 to 20/6 (Eastern Time), the capital flowing into the Ethereum spot ETF recorded a net increase of up to 40.24 million USD. This is a positive signal for the cryptocurrency market, especially as ETF products for direct access to underlying assets are increasingly attracting significant interest from institutional and individual investors.
Blackrock ETHA Leads in Capital Flow Last Week
The Ethereum spot ETF with the strongest capital inflow last week was Blackrock ETHA, with an increase of 48.19 million USD. In total, ETHA has attracted 5.28 billion USD in net capital since its launch, proving its appeal and high level of trust from experts and major investors in the cryptocurrency market. This breakthrough creates significant attraction, helping to increase the net asset value (NAV) of the fund, while solidifying ETHA's position in the ETF market.
Grayscale's Mini Trust Ethereum Attracts 10.59 Million USD
Also in the past week, Grayscale Ethereum Mini Trust (ETH) recorded a net capital inflow increase of 10.59 million USD. The total historical net investment flow for ETH currently stands at 745 million USD. This is a noteworthy figure indicating that investors are still seeking indirect investment channels into cryptocurrency through diversified and professionally managed ETF products.
Fidelity FETH Records Capital Outflow of 14.91 Million USD
However, not all funds are growing. Fidelity FETH witnessed a net capital outflow of 14.91 million USD in the past week. Nevertheless, the total historical net capital value of this fund still reaches 1.58 billion USD, indicating that a large number of investors still place their trust in long-term funds. The short-term capital withdrawal may stem from portfolio restructuring strategies or rapid cash flow shifts in the market.
Overview of the Net Asset Value of the Ethereum Spot ETF
As of now, the total net asset value (NAV) of Ethereum spot ETFs stands at 9.60 billion USD. The market value ratio of ETFs to total Ethereum capitalization accounts for about 3.28%. This figure reflects the growing appeal of ETF investment products in the cryptocurrency market in general and Ethereum in particular. The total accumulated net capital flow surpassing 3.89 billion USD demonstrates the sustainable trust and attractive profitability potential of these funds.
Conclusion
Real money flow into the Ethereum spot ETF is increasing strongly, especially with the leadership of giants like Blackrock and Grayscale. Although there is volatility in some funds like Fidelity, the overall positive trend and growth are still being maintained. Cryptocurrency investors should closely monitor this trend to seize investment opportunities through ETF products - a channel that is both safe, innovative, and flexible in today's digital financial market.
Source: https://tintucbitcoin.com/ethereum-spot-etf-hut-von-lien-tiep/
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