According to SoSoValue statistics, the U.S. Ether Spot Exchange-Traded Funds (ETFs) recorded a net outflow of nearly $197 million on Monday, marking the second-highest daily net outflow on record.
Among the nine Ether spot ETFs, none experienced net inflows yesterday. The highest net outflow was from BlackRock’s ETHA fund, amounting to approximately $87.16 million, followed by Fidelity’s FETH fund with an outflow of $78.4 million.
Currently, the net asset value of these ETFs stands at $27.74 billion, accounting for 5.34% of Ethereum’s total market capitalization. Ether (ETH) has decreased by 2.6% in the past 24 hours, trading at $4,230 as of the time of writing.
U.S. Ether Spot ETF Daily Fund Flow (Source: SoSoValue)
The Bitcoin Spot ETFs also recorded a net outflow of nearly $122 million yesterday. The highest outflow was from BlackRock’s IBIT fund, amounting to $68.72 million, followed by the ARKB fund jointly issued by Ark Invest and 21Shares, with an outflow of approximately $65.75 million. The only fund to see a net inflow was Bitwise’s BITB fund, which recorded an inflow of $12.66 million.
Currently, the net asset value of these ETFs is approximately $150.9 billion, representing 6.54% of Bitcoin’s total market capitalization. As of the time of writing, Bitcoin is trading at $115,350.
U.S. Bitcoin Spot ETF Daily Fund Flow (Source: SoSoValue)