Ethereum ETFs Bleed $95.53M as ETHA and ETHE Post the Largest Withdrawals

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TLDR

  • Ethereum ETFs recorded a $95.53M total daily net outflow on December 23, according to SoSoValue market data.
  • Grayscale’s ETHE led daily losses with a $50.89M outflow, remaining the only Ethereum ETF with negative cumulative inflows.
  • BlackRock’s ETHA posted a $25.04M daily outflow but still held the largest cumulative inflow at $12.65B.
  • Several ETFs including FETH, ETHV, QETH, and TETH reported no daily inflows or outflows, showing stable positioning.
  • Total Ethereum ETF net assets reached $18.02B, representing 5.03% of Ethereum’s total market capitalization.

As of December 23, Ethereum ETFs recorded a total daily net outflow of $95.53 million, according to SoSoValue data. Despite the day’s losses, SoSoValue update reveals that cumulative net inflows across all funds stood at $12.43 billion. The total net assets in Ethereum ETFs reached $18.02 billion, equal to 5.03% of Ethereum’s market cap.

Grayscale’s ETHE Tops Daily Outflows With $50.89M in Ethereum ETFs

BlackRock’s ETHA ETF posted a $25.04 million daily net outflow and lost 8.46K ETH. ETHA maintained the largest cumulative net inflow among Ethereum ETFs, totaling $12.65 billion. Its net assets stood at $10.34 billion, with a market price of $22.42 and 2.88% ETH market share. Grayscale’s ETHE ETF recorded the largest daily net outflow at $50.89 million, with a 17.20K ETH loss. ETHE remained the only ETF with negative cumulative inflows at -$5.05 billion. It held $2.70 billion in net assets and traded at $24.35 per share.

Source: SoSoValue (Ethereum ETFs)

Fidelity’s FETH ETF showed no inflow or outflow during the session, keeping cumulative inflows at $2.64 billion. Its net assets were valued at $2.19 billion, with a 0.61% share of the ETH ETF market. FETH traded at $29.59 and recorded a 0.30% drop in price. Grayscale’s spot ETH ETF also saw no net movement, maintaining a cumulative inflow of $1.50 billion. The ETF held $2.16 billion in net assets, with a price of $28.02 and 0.60% ETH share. It had a daily volume of 6.98 million shares.

ETHW and EZET Report Withdrawals While ETHV, QETH, TETH ETFs Stay Flat

Bitwise’s ETHW ETF posted a $13.98 million daily outflow and lost 4.73K ETH. Its net assets remained at $342.19 million, with a price of $21.25 per share. It led trading volume with 905.30K shares exchanged on the day. VanEck’s ETHV ETF had no recorded inflow or outflow and retained $171.02 million in net assets. The ETF traded at $43.41 with 158.83K shares in daily volume. ETHV held a 0.05% share of the ETH ETF market.

Franklin’s EZET ETF lost $5.61 million and 1.90K ETH, bringing net assets to $59.49 million. Its trading volume reached 314.32K shares, with a price of $22.50. The ETF recorded a 0.27% drop in value. 21Shares’ TETH and Invesco’s QETH ETFs reported no net inflows or outflows during the day. TETH ended with $31.17 million in net assets and a $14.83 market price. QETH  held $25.82 million in net assets and traded at $29.59.

The post Ethereum ETFs Bleed $95.53M as ETHA and ETHE Post the Largest Withdrawals appeared first on Blockonomi.

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