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

BlackRock’s ETHA added $56.45 million, driving total Ethereum ETF assets to $21.43 billion, equal to 5.29% of the cryptocurrency's market cap.

ETH

Summary

On December 10, Ethereum spot exchange-traded funds (ETFs) recorded $57.58 million in net inflows. BlackRock’s ETHA contributed $56.45 million, raising its total assets to $13.207 billion. Grayscale’s Ethereum fund gained $7.91 million, while Fidelity’s FETH saw a $6.78 million net outflow. Combined Ethereum spot ETF assets reached $21.429 billion, representing 5.29% of Ethereum’s total market capitalization.

Terms & Concepts
  • Ethereum Spot ETF: An exchange-traded fund directly holding Ethereum, allowing investors to gain exposure to the cryptocurrency without self-custody.
  • Net Inflow: The total amount of new investment entering a fund minus withdrawals during a given period.
  • Market Capitalization: The total value of a cryptocurrency, calculated by multiplying its price by the circulating supply.