Ethereum Spot ETFs Record $98.4M Net Outflow Led by Grayscale's ETHE Amid Market Fluctuations

Ethereum spot ETFs witnessed a total net outflow of $98.4453 million on January 7, with Grayscale's ETHE leading outflows at $52.0466 million. Franklin's EZET ETF saw a net inflow of $2.379 million for the day, contributing to its cumulative $64.9466 million inflow. The total net asset value of Ethereum spot ETFs stands at $19.314 billion, representing 5.1% of Ethereum's total market cap, with cumulative net inflows totaling $12.687 billion historically.