$ETH Ethereum ETFs Face Market Shifts as Grayscale and BlackRock Take Center Stage

A recent update from SoSoValue on March 20 shows that Ethereum ETFs are experiencing changes. The total daily net inflow was $12.41 million, meaning more money left these funds than entered. However, the total net inflow over time remains positive at $2.44 billion.

Grayscale and BlackRock Show Different Trends

Grayscale’s Ethereum ETF (ETHE) had no daily inflow, but its total net inflow dropped by $4.17 billion. The fund holds $2.40 billion in assets, making up 1%of Ethereum's market. Despite the outflow, its price slightly increased by 0.06% to $16.46, with $35.6 million traded.

BlackRock’s ETH ETF (ETHA) had a daily outflow of -$8.96 million, showing a decline. However, its total net inflow is $4.09 billion, with $2.36 billion in assets. The price remained unchanged, with a $62.03 million trading volume.

Grayscale’s Other Ethereum Fund Sees Small Gains

- Grayscale’s ETH product (ETH) saw no daily inflow but has a total net inflow of $583.93 million. It holds $913.9 million in assets, making up 0.38% of Ethereum’s market. Its price rose 0.05% to $18.59, with $11.49 million traded.

Other ETF Updates

Fidelity’s FETH had a $3.45 million daily inflow, with a total inflow of $1.41 billion.

Bitwise’s ETHW saw no daily inflow, but its total inflow stands at $320.26 million.

While Ethereum ETFs have positive long-term inflows, the - $12.41 million daily net outflow suggests a possible short-term decline. On March 20, the total trading volume across all Ethereum ETFs was $193.65 million.

Disclaimer:

The information provided is for informational and educational purposes only and should not be considered financial, investment, or legal advice. We do not guarantee the accuracy, completeness, or reliability of any information presented. Any financial decisions you make based on this content are at your own risk. Always conduct your own research