Fidelity’s FETH Records $29.32M Daily Net Inflow Despite 2.97% Price Drop

• Total assets under management for Ethereum Spot ETFs reached $12.25 billion, representing 2.96% of Ethereum’s market cap.
• Fidelity’s FETH ETF saw the highest daily net inflow of $29.32 million despite a 2.97% price decline.
• Grayscale’s ETHE ETF led with $4.80 billion in net assets but reported a negative cumulative net inflow of -$3.70 billion.

In a recent update by SoSoValue concerning Ethereum Spot ETFs as of January 15, the cumulative total net inflow stood at $2.47 billion, with a daily total net inflow of $59.78 million. Total assets under management reached $12.25 billion, accounting for 2.96% of Ethereum’s market cap. The total value traded was recorded at $445.87 million.

Grayscale and BlackRock ETFs See Diverging Inflows

Grayscale’s ETHE ETF topped the list in terms of net assets, reporting $4.80 billion. The ETF experienced no inflow on January 15, while its cumulative net inflow was negative at -$3.70 billion. The daily price change for ETHE dropped by 2.73%, with $20.67 million traded and a daily volume of 746.01K shares.

ETHA, sponsored by BlackRock and traded on NASDAQ, ranked second with $3.88 billion in net assets. It recorded a daily net inflow of $19.85 million and a cumulative net inflow of $3.72 billion. ETHA’s price fell by 2.92% on the day, with a trading volume of 3.44 million shares and $86.22 million in value traded.

Grayscale’s ETH ETF reported $1.58 billion in net assets, with $8.09 million as a daily net inflow. The cumulative net inflow for ETH was $561.78 million, while its price declined by 2.87%. The ETF traded $29.18 million in value with 936.70K shares exchanged.

Fidelity FETH Leads Inflows With $29.32M Despite Drop

Fidelity’s FETH ETF reported $1.39 billion in net assets and saw the largest single-day net inflow of $29.32 million. Its cumulative net inflow was $1.36 billion, while the ETF price dropped by 2.97%. FETH recorded $33.36 million in daily value traded with 998.99K shares.

VanEck’s ETHV ETF recorded net assets of $154.12 million and a daily net inflow of $2.53 million. Its cumulative net inflow stood at $130.31 million. The ETF price declined by 2.54%, with $1.07 million traded.