Ethereum

Value

Spot

Daily

<ul>
 <li>ETH Spot ETFs recorded a $58.65M daily inflow on September 27, with a cumulative net inflow of -$522.97M.</li>  
 <li>Grayscale’s ETHE leads the market, holding $4.51B in assets despite experiencing a $10.72M net outflow.</li>  
 <li>BlackRock’s ETHA reported an $11.46M inflow, contributing to a cumulative net inflow of $1.13B.</li> 
</ul>  
According to recent data from SoSoValue, Ethereum (ETH) Spot ETFs across various exchanges as of September 27 indicate a Daily Total Net Inflow of $58.65 million, with a Cumulative Total Net Inflow of -$522.97 million. However, the Total Value Traded reached $249.09 million, and the Total Net Assets amounted to $7.44 billion, accounting for 2.30% of the Ethereum Market Cap.  
<h2 class="wp-block-heading" id="h-ethe-tops-etfs-with-4-51b-despite-outflows">ETHE Tops ETFs with $4.51B Despite Outflows</h2>  
<a href="https://cryptonewsland.com/ethereum-whales-offload-53m-in-eth-as-price-surges-past-2600/" target="_blank" rel="noopener noreferrer nofollow">According to market data,</a> the top ETF by Net Assets is ETHE (Grayscale), listed on NYSE with $4.51 billion in assets. ETHE experienced a 1.88% daily change, reaching a market price of $22.79. However, it faced a negative net inflow of $10.72 million for the day, adding to a cumulative net outflow of $2.90 billion.  
<figure class="wp-block-image"><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXeDG6s9gAd2CJ1zVELpKywtKdH1NGYLV_DlNXwitVE3VGPNU7x5BxyI--lBSlhmIuI2XAk64C1iqC29jfF8wtBLFtnWImnKBeKLY1lfbZqBfX8HcdDeI3xouWa-EkaVYpA7prbYNmBSE1UDcbgRc58HCPv7?key=IsJAWldrZbU_fbtHZMqRKA" alt="">
</figure>  
Source: <a href="https://sosovalue.com/assets/etf/us-eth-spot" target="_blank" rel="noopener noreferrer nofollow">SoSoValue</a>  
The second in line, ETH (Grayscale, NYSE), holds $1.06 billion in assets, with a positive inflow of $2.29 million on September 27, contributing to a cumulative net inflow of $294.52 million. Its market price increased by 2%, closing at $2.55.  
<h2 class="wp-block-heading" id="h-etha-leads-inflows-feth-shows-strength">ETHA Leads Inflows, FETH Shows Strength</h2>  
<a href="https://cryptonewsland.com/blackrock-boosts-crypto-holdings-with-major-bitcoin-and-ethereum-buys/" target="_blank" rel="noopener noreferrer nofollow">ETHA BlackRock, under </a>NASDAQ, reported an inflow of $11.46 million for the day, and its cumulative net inflow reached $1.13 billion. It holds assets worth $1.04 billion, with a daily price change of +1.89% to $20.49.  
&nbsp;FETH (Fidelity, CBOE) showed a strong performance with a $42.54 million inflow, contributing to a cumulative net inflow of $478.64 million and holding $436.19 million in assets. Its price rose by 1.96% to $27.03.  
Smaller ETFs like ETHY (Bitwise) and ETHV (VanEck) reported $5.43 million and $1.98 million daily inflows, respectively. ETHY holds $270.57 million in assets, and ETHV holds $66.23 million.&nbsp;  
Both saw a daily price increase of over 1.8%. Other ETFs like EZET and QETH experienced minor inflows and moderate daily price increases, with smaller total assets under management. 
The post <a href="https://cryptonewsland.com/grayscale-leads-ethereum-spot-etfs-with-4-51b-as-daily-inflows-reach-58-65m/" rel="noopener noreferrer nofollow">Grayscale Leads Ethereum Spot ETFs with $4.51B as Daily Inflows Reach $58.65M</a> appeared first on <a href="https://cryptonewsland.com" rel="noopener noreferrer nofollow">Crypto News Land</a>.

Grayscale Leads Ethereum Spot ETFs with $4.51B as Daily Inflows Reach $58.65M

Table of Contents

Crypto News Land

Other articles published on Sep 28, 2024

Top Crypto Gainers Today Sep 28 – Illuvium, Nervos Network, Bitget Token

Leveraged MicroStrategy ETFs Allow Individual Investors to Engage with Bitcoin

Binance Labs’ Recent Investment: What is OpenEden?

TON Foundation Partners with Curve Finance to Launch Stablecoin Swap Project

Can Shiba Inu (SHIB) Erase a 0 From its Price Before the End of 2024? (ChatGPT Analyzes)

New Project Three Arrowz Capitel Launched By Su Zhu

Join our free newsletter for daily crypto updates!