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Ethereum Spot ETFs See $57.58 Million Net Inflows Led by BlackRock

BlackRock’s ETHA recorded the majority of inflows, while Fidelity’s FETH experienced notable outflows, according to SoSoValue data.

ETH

Summary

Ethereum spot exchange-traded funds (ETFs) saw $57.58 million in net inflows on December 10, according to data provider SoSoValue. BlackRock’s ETHA led the day with $56.45 million in inflows, followed by Grayscale’s ETH with $7.91 million. In contrast, Fidelity’s FETH registered a $6.78 million net outflow. Total assets across all Ethereum spot ETFs now stand at $21.43 billion.

Terms & Concepts
  • Ethereum Spot ETF: An exchange-traded fund that holds Ethereum directly, allowing investors to gain exposure to the cryptocurrency without owning it outright.
  • Net Inflows: The total amount of money moving into an investment product after subtracting outflows.
  • Assets Under Management (AUM): The total market value of assets held by an investment fund or financial institution.