Ethereum

Gains

<ul>
  
 <li>Grayscale’s ETH Trust saw significant outflows of $10.70M, contributing to a cumulative loss of $2.67B as prices fell by 6.02%.</li>   
 <li>BlackRock’s Ethereum Strategy ETF reported a positive daily inflow of $4.72M despite a 6.08% drop in market price to $16.83.</li>   
 <li>Total net assets across all ETH ETFs reads at $6.09B, accounting for 2.33% of Ethereum’s market cap.</li> 
</ul>   
As of September 6, the Ethereum (ETH) ETF market experienced notable fluctuations in net inflows and asset prices, reflecting a period of market uncertainty. The daily total net inflow for all listed ETH ETFs amounted to at negative value of -$5.98 million. This decline is part of a larger cumulative total net inflow of -$568.30 million.   
<h2 class="wp-block-heading" id="h-ethereum-etfs-trade-210-43m-nbsp">Ethereum ETFs Trade $210.43M&nbsp;</h2>   
According to SoSovalue, the total value traded in ETH ETFs was recorded at $210.43 million, demonstrating active trading and highlighting a market under pressure. The total net assets across these ETFs stood at $6.09 billion, which accounts for 2.33% of Ethereum’s total market capitalization.&nbsp;   
<figure class="wp-block-image">
 <img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXfJ4c0xe9nv7-5zzKXEbGQ19b1_dQ7aS726DZmmsaqnUGyJMZxd_T7Q1qyb4VuZJZ4boFvmNTS9aoAuqyNrvlJCzm3FBSAuZ5yM8XWhSPE7viDw_B3gAfd_MApiJNAHrxhEHHpArbE2lYj4QhnLZVN4XAZ4?key=OdxbUkv0Rp9iw7V3DfnX6g" alt="">
</figure>   
Source: <a href="https://sosovalue.com/assets/etf/us-eth-spot">SoSoValue</a>   
Breaking down the daily net flows of individual ETFs, the Grayscale Ethereum Trust (ETHE) was seen redeeming at—$10.70 million. Thus, it recorded a cumulative net outflow of -2.67 billion dollars.&nbsp;   
This has left ETHE with total net assets of $3.91 billion, and its market price fell by 6.02% to $18.75. The ETF's share of Ethereum's market capitalization is 1.50%, with a relatively high fee ]structure of 2.50%.   
<h2 class="wp-block-heading" id="h-etha-gains-4-72m-feth-holds-290m">ETHA Gains $4.72M, FETH Holds $290M</h2>   
In contrast, the Ethereum Strategy ETF (ETHA) saw a positive daily net inflow of $4.72 million, reading its cumulative net inflow to $1.02 billion. ETHA’s market price dropped by 6.08% to $16.83, yet it managed to increase its net assets to $752.32 million. The ETF's share of the Ethereum market remains at 0.29%, with a fee of 0.25%.   
Other notable <a href="https://cryptonewsland.com/bitcoin-etfs-records-211-million-outflow-on-september-5/">ETFs</a> include Fidelity's FETH, which saw no net inflows or outflows for the day, maintaining its net assets at $290.28 million and experiencing a 6.01% drop in market price to $22.22. The cumulative net inflow for FETH remains positive at $397.81 million. The smaller ETFs like ETHW by Bitwise and QETH by Invesco also reported negative price changes, though ETHW experienced a cumulative net inflow of $314.02 million. 
The post <a href="https://cryptonewsland.com/ethereum-etfs-struggle-market-volatility-mixed-inflows-and-price-declines/">Ethereum ETFs Struggle:&nbsp; Market Volatility, Mixed Inflows and Price Declines</a> appeared first on <a href="https://cryptonewsland.com">Crypto News Land</a>.

Ethereum ETFs Struggle: Market Volatility, Mixed Inflows and Price Declines

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