ETH ETF Market Update: Ethereum Spot ETFs See $10.93M Outflow, Grayscale Leads Inflows

• The U.S. Ethereum Spot ETF market saw a $10.93 million outflow on November 1, affecting key funds.
• Grayscale’s ETHE reported the highest outflow of $11.43 million, with total net assets at $3.95 billion.
• BlackRock’s ETHA retained cumulative inflows of $1.34 billion with no new inflow, closing at $19.04 on November 1.

On November 1, the U.S. Ethereum Spot ETF market experienced a total net outflow of $10.93 million, with cumulative net outflows amounting to $491.44 million. The total value traded for the day reached $169.11 million, while total net assets stood at $6.94 billion, representing 2.29% of the Ethereum market cap.

According to SoSoValue, Grayscale’s ETHE, listed on NYSE, saw the most significant outflow of $11.43 million, bringing its cumulative net outflows to $3.13 billion.

ETHE holds $3.95 billion in net assets, representing an Ethereum market share of 1.30%. Its market price closed at $21.14, with a daily price increase of 0.14%, trading volume at 2.67 million, and a trading fee of 2.50%.

Source: SoSoValue

BlackRock’s ETHA on NASDAQ had no net inflow on the day, maintaining cumulative inflows of $1.34 billion. ETHA’s net assets reached $1.17 billion, with a 0.28% premium and an Ethereum market share of 0.39%.

The ETF closed at $19.04, gaining 0.11% on the day, with a trading volume of 1.91 million and a 0.25% fee.

Grayscale’s ETH on NYSE recorded no inflow on November 1, holding steady with cumulative inflows of $303 million. ETH’s net assets totaled $991.98 million, accounting for 0.33% of Ethereum’s market. It closed at $2.37, up by 0.42%, and traded 25.07 million shares, with a 0.15% fee.

Fidelity’s FETH on CBOE registered a cumulative net inflow of $514.62 million, but had no net inflow for the day. FETH’s net assets stand at $438.50 million, with a market price of $25.14, up by 0.20%. Its trading volume reached 346.10k with a 0.25% fee.

On NYSE, Bitwise’s ETHW reported cumulative inflows of $317.65 million and net assets of $241.72 million. ETHW’s market price closed at $18.02, with a daily gain of 0.11%. Its trading volume hit 153.45k, with a 0.20% fee.VanEck’s ETHV on CBOE saw cumulative inflows of $76.72 million.

ETHV has $71.60 million in net assets and closed at $36.83, increasing by 0.24%. Its trading volume reached 55.70k, with a 0.20% fee. On the other hand, Franklin’s EZET, Invesco’s QETH, and 21Shares’ CETH all reported minor positive changes in market price, with net assets between $20 million and $37 million.