On November 4, US Eastern time, two of BlackRock’s Ethereum ETFs moved in opposite directions: ETHA saw net inflows of $32.7533 million, while the staking version, ETHB, saw net outflows of $22.3770 million. US spot Ethereum ETFs recorded total net inflows of $53.02 million that day, with Fidelity’s FETH alone contributing $19.2382 million.
The $53.02 million figure looks like a return to positive territory, but a closer look suggests that a considerable portion of ETHA’s inflows may simply have shifted over from ETHB, rather than representing new money entering the market.
As of that day, the ETFs had total net assets of $14.124 billion, accounting for 4.77% of the total market cap of $ETH , and cumulative historical net inflows of $12.116 billion. Keep an eye on ETHB going forward: if its outflows stop while ETHA continues to see inflows, that would indicate new money is coming in.
#以太坊ETF #fund flows
The $53.02 million figure looks like a return to positive territory, but a closer look suggests that a considerable portion of ETHA’s inflows may simply have shifted over from ETHB, rather than representing new money entering the market.
As of that day, the ETFs had total net assets of $14.124 billion, accounting for 4.77% of the total market cap of $ETH , and cumulative historical net inflows of $12.116 billion. Keep an eye on ETHB going forward: if its outflows stop while ETHA continues to see inflows, that would indicate new money is coming in.
#以太坊ETF #fund flows