On December 24, SoSoValue data showed that spot Ethereum ETFs recorded a total net outflow of 95,5286 million USD on December 23 (Eastern Time), with no products having net inflows.
The net outflow occurred amid the spot Ethereum ETF group still holding significant asset size: total net asset value reached 18,021 billion USD, equivalent to 5.03% of ETH's market capitalization.
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Spot ETF ETH saw a net outflow of 95,5286 million USD on December 23.
Grayscale ETHE net outflow of 50.8882 million USD; BlackRock ETHA net outflow of 25.0443 million USD.
Total NAV reached 18.021 billion USD; equivalent to 5.03% of ETH market capitalization; cumulative net inflow of 12.433 billion USD.
Ethereum spot ETF cash flow for the session on 23/12
The entire group of spot Ethereum ETFs recorded a net outflow of 95.5286 million USD, and no funds reported net inflows during the session.
According to SoSoValue data for the session on 23/12 (Eastern Time), the net outflow concentrated in large products. Grayscale ETHE led with a net outflow of 50.8882 million USD, followed by BlackRock ETHA with a net outflow of 25.0443 million USD.
The absence of any ETF reporting net cash inflows indicates investor sentiment in the session leans towards reducing risk for accessing ETH through ETFs, even though the overall asset size of the fund group remains high.
Asset size and proportion compared to the ETH market
The total net asset value of spot ETH ETFs is currently 18.021 billion USD, accounting for 5.03% of the Ethereum market capitalization.
Data also indicates that historically, the ETH spot ETF group achieved a total net cash flow of 12.433 billion USD. These figures reflect the significant holdings of the ETF channel, even when the most recent session recorded a strong net outflow.
Source: https://tintucbitcoin.com/etf-spot-ethereum-rut-rong-955-trieu-usd/
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