After a $27.5996 million net outflow on June 30 driven by BlackRock’s ETHA, US spot Ether ETFs returned to net inflows on July 1 as ETHA led creations and Grayscale’s ETH saw the largest redemption.
US spot Ether ETFs recorded a combined net inflow of $14.8948 million on July 1, according to SoSoValue, following a $27.5996 million net outflow on June 30. On July 1, BlackRock’s ETHA led inflows with $36.6392 million, while Grayscale’s Ethereum Mini Trust ETF ETH posted the largest net outflow at $18.4640 million. Total net assets for the group stood at $8.563 billion and cumulative historical net inflows reached $10.860 billion on July 1, up from $8.332 billion in net assets and $10.845 billion in cumulative net inflows on June 30. On the prior day, the entire outflow had come from BlackRock’s ETHA, whose cumulative historical net inflow then stood at $11.058 billion.