The 'money-absorbing' ability of Ethereum spot ETFs is still astonishingly stable
Last week (from April 6 to April 10), the overall net inflow of spot ETFs reached 187 million dollars. To be honest, BlackRock is simply the 'leader' of the scene, with just one ETHA purchasing 168 million dollars worth, and the historical total net inflow has already surged to 11.73 billion dollars, which is indeed terrifying. Their other ETF, ETHB, also performed well, contributing about 66 million dollars last week.
However, Fidelity's FETH was slightly abnormal, with over 62 million dollars flowing out last week, making it the one with the highest outflow. But they are financially strong, and currently, the historical total net inflow still stands at 2.23 billion dollars.
Overall, the total net asset value of Ethereum spot ETFs is now close to 13 billion dollars, equivalent to taking 4.76% of Ethereum's market value. This historical cumulative net inflow data of 11.67 billion dollars speaks volumes, indicating that institutions still have great confidence in Ethereum's momentum.
$ETH
Last week (from April 6 to April 10), the overall net inflow of spot ETFs reached 187 million dollars. To be honest, BlackRock is simply the 'leader' of the scene, with just one ETHA purchasing 168 million dollars worth, and the historical total net inflow has already surged to 11.73 billion dollars, which is indeed terrifying. Their other ETF, ETHB, also performed well, contributing about 66 million dollars last week.
However, Fidelity's FETH was slightly abnormal, with over 62 million dollars flowing out last week, making it the one with the highest outflow. But they are financially strong, and currently, the historical total net inflow still stands at 2.23 billion dollars.
Overall, the total net asset value of Ethereum spot ETFs is now close to 13 billion dollars, equivalent to taking 4.76% of Ethereum's market value. This historical cumulative net inflow data of 11.67 billion dollars speaks volumes, indicating that institutions still have great confidence in Ethereum's momentum.
$ETH