Ethereum spot ETF recorded significant capital flow volatility with an estimated total asset value of 10.695 billion USD, reflecting increasing interest from professional investors.
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The total net asset value of the Ethereum spot ETF reached 10.695 billion USD, accounting for 3.42% of Ethereum's total market capitalization.
Fidelity ETF (FETH) led the inflow with 25.798 million USD in one day, with total accumulation reaching 1.674 billion USD.
Blackrock ETF (ETHA) recorded the highest outflow with 46.886 million USD in one day, with total accumulation still at 5.531 billion USD.
Why has the capital flow of the Ethereum spot ETF shown significant volatility?
Updated data from SoSoValue shows significant capital flow volatility for Ethereum spot ETFs, reflecting the strategic choices of institutional investors.
On July 2nd, according to Vietnam time, the total net capital flow of this ETF group decreased by 1.8236 million USD. Fidelity ETF FETH led the inflow with 25.798 million USD, increasing the total to 1.674 billion USD since its launch. The main reason is that Fidelity is known for its stable and transparent investment portfolio, attracting professional players.
The volatility is also reflected in the Blackrock ETF ETHA, which had a strong outflow of 46.886 million USD in one day but its total accumulated assets remain strong at 5.531 billion USD, indicating a restructuring of the portfolio or risk adjustment by large funds.
The capital inflow and outflow in Ethereum spot ETFs reflect market sentiment and directly impact liquidity and the market capitalization of Ethereum in the global financial market.
Jacob Morgan, CEO SoSoValue, 2024
What is the total net asset value of the Ethereum spot ETF?
As of the update, the total asset value of the Ethereum spot ETF reached 10.695 billion USD, accounting for 3.42% of Ethereum's market capitalization.
This data demonstrates the attractiveness of ETFs in creating a legitimate and convenient investment channel for investors who want to access cryptocurrencies more professionally through traditional financial products.
Compare capital flow performance among top Ethereum spot ETFs?
Top Ethereum spot ETFs like Fidelity (FETH), Bitwise ETHW, and Blackrock (ETHA) show clear statistics on capital inflows and outflows, reflecting diversity in management strategies and investor trust.
ETF Net capital flow on July 2nd (million USD) Total accumulated capital flow (billion USD) Fidelity ETF (FETH) +25.798 1.674 Bitwise ETHW +8.3283 0.362 Blackrock ETF (ETHA) -46.8863 5.531
Investors should be aware of short-term and long-term fluctuations in ETF capital management to optimize their cryptocurrency investment strategies.
Dr. Nguyen Thanh Binh, Blockchain Finance Expert, 2024
Frequently Asked Questions about Ethereum spot ETF
What is an Ethereum spot ETF? An Ethereum spot ETF is a fund that invests directly in actual Ethereum, allowing investors to access the ETH market more conveniently and safely. Why does the capital flow in Ethereum ETFs fluctuate significantly? Capital flow changes due to institutional investment strategies, market sentiment, and Ethereum price volatility. Which fund has the largest net capital flow recently? Fidelity ETF (FETH) recorded the highest net capital flow with 25.798 million USD in a single day. What is the current total asset value of the Ethereum spot ETF? The Ethereum spot ETF currently holds an estimated total net asset value of 10.695 billion USD. How does the strong outflow from the Blackrock ETF impact? The outflow does not disrupt the overall balance as the fund's total accumulation remains high, reflecting a reasonable portfolio adjustment strategy.
Source: https://tintucbitcoin.com/ethereum-blackrock-etf-rut-rong-manh/
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