Fidelity’s FETH Sees $8.6 Million Net Inflows, FBTC Records $7.5 Million Outflows

Fidelity’s FETH Sees $8.6 Million Net Inflows, FBTC Records $7.5 Million Outflows

According to SoSoValue, U.S. Ethereum spot ETFs added $1.08 billion in net inflows over Aug. 25–29, led by BlackRock’s ETHA and Fidelity’s FETH, while Grayscale’s ETHE saw the largest outflow.

ETH

Summary

U.S. Ethereum spot ETFs recorded $1.08 billion in net inflows for Aug. 25–29, according to SoSoValue. BlackRock’s ETHA led with $968 million in inflows, followed by Fidelity’s FETH with $109 million. Grayscale’s ETHE posted the largest weekly net outflow at $46.85 million, with Bitwise’s ETHW at $15.27 million. As of publication, total ETH spot ETF NAV is $28.58 billion, the ETF net asset ratio is 5.48%, and cumulative net inflows total $13.51 billion.

Terms & Concepts
  • Ethereum spot ETF: An exchange-traded fund that holds Ethereum directly, offering regulated exposure to ETH’s price without owning the cryptocurrency outright.