Ethereum ETFs Face $97.11K Daily Outflow as Total Net Assets Hit $6.74B on October 11

• Ethereum ETFs experienced a total daily outflow of $97.11K on October 11, with total assets reaching $6.74B.
• Grayscale’s Ethereum Trust holds the highest net assets at $4.01B despite reporting an outflow of $8.71M.
• Fidelity’s Ethereum Trust reported a $8.61M daily inflow, with its market price rising by 6.62% to $26.24.

The data from October 11 from SoSoValue detailed information on the market movements for Ethereum-related ETFs. The total daily net inflow across all instruments shows a negative value of -$97.11K, and the cumulative net inflow stands at -$558.88M.

The total value traded on this date amounts to $143.54M, and the overall net assets for these funds total $6.74B, representing 2.28% of Ethereum’s market capitalization.

According to SoSoValue, Grayscale’s Ethereum Trust (ETHE) holds the largest share of net assets, valued at $4.01B. ETHE saw a daily price change of +6.51%, reaching a market price of $22.09, although it reported a daily net outflow of $8.71M, contributing to a cumulative net outflow of -$2.98B.

Source: SoSoValue

The BlackRock Ethereum Trust (ETHA) followed with net assets of $1.02B and experienced no inflow for the day. ETHA’s market price increased by +6.54%, reaching $19.88. Grayscale’s second Ethereum product (ETH) holds $965.47M in net assets, also reporting no inflow but saw a +6.47% daily price increase, closing at $2.47.

Fidelity’s Ethereum Trust (FETH) experienced a positive daily inflow of $8.61M, raising its total net assets to $373.30M. FETH’s price also rose by +6.62%, reaching $26.24. Bitwise’s Ethereum Trust (ETHW) reported no daily inflows, holding $237.35M in net assets and seeing a +6.63% price increase to $18.83.

Other ETFs in the list, including VanEck’s ETHV and Franklin’s EZET, reported positive market movements. ETHV, holding $63.03M in net assets, saw a +6.74% price increase, reaching $20.29. EZET, with $30.85M in net assets, saw its price increase by +6.76%, closing at $38.46.

Invesco’s QETH and 21Shares’ CETH also experienced positive daily price movements. QETH saw a +6.87% price rise to $26.29, holding $19.25M in net assets. Meanwhile, CETH increased by +6.50%, reaching $13.16M in net assets.