Key Insights
- Ethereum ETFs posted net inflows of $169.41 million on Wednesday, with Grayscale Ethereum Mini ETF leading flows ($59.51M).
- Altcoin ETFs and Bitcoin ETFs together scooped $681.59 million on March 4th. SOL ETFs posted $19.06M inflows, and XRP ETFs added $4.19M.
- ETH clung above the $2,100 mark, reflecting a 7%+ surge over the previous day’s close. Analyst Ted Pillows highlighted ETH’s failure to surpass its Supertrend.
Ethereum (ETH) spot ETFs reported net inflows of $169.41 millions on Wednesday. Grayscale Ethereum Mini (NYSE: ETH) led the inflows with its $59.51 million scoop.
Altcoin ETFs posted net inflows yesterday, with none of the funds in any of the altcoin spot ETF category reporting outflows.
Apart from Ethereum, Solana (SOL) and XRP ETFs also posted net inflows on Wednesday. SOL spot ETFs reported net inflows of $19.06 million, and XRP spot ETFs added $4.19 million.
Ethereum ETFs Net Assets Back Above $12 Billion
Apart from Grayscale, which led Wednesday’s flows, five other funds also reported inflows. BlackRock leads with $39.33M in ETH ETF assets, followed by Fidelity at $30.29M. Grayscale holds $21.91M, while VanEck manages $9.52M. Bitwise rounds out the group with $8.85M.
Grayscale Ethereum Mini ETF and VanEck each marked their biggest daily inflows in 2026 so far. VanEck’s inflow was the biggest since December 9th, 2025, when it posted $14.64 million.
Ethereum ETFs saw a surge in trading on Wednesday. Its total value traded came in at $1.99 billion, the highest value since February 4th. Daily traded volume is inching back towards the $2 billion mark.
With yesterday’s activity, ETH ETFs now hold over $12.53 billion in assets. This figure is the highest since Feb 4th (net assets on that day stood at $12.71 billion).
Compared to Bitcoin spot ETFs, Ethereum ETFs have not been consistent in terms of flow direction this week. Weekly net inflows stand at $197.35 million, significantly above last week’s $80.46 million.
Total inflows this week are $208.1 million, and total outflows are $10.75 million. Meanwhile, Bitcoin ETFs posted a strong $461 million net inflow, with BlackRock (NASDAQ: IBIT) leading ($306.6M) Wednesday’s flows.
ETH Price Displays 7%+ Intraday Rise on Wednesday
Ethereum ETFs were accumulating ETH on a bullish day. Wednesday’s closing price ($2,127) was 7.3% above Tuesday’s closing price ($1,983), TradingView data shows. As of writing this report, ETH price was $2,080, reflecting a 2.9% drop below Wednesday’s close.
“Now, Ethereum needs a daily close above the $2,150 level for a bullish rally towards the $2,400 zone,” Ted Pillows assessed.
“A failure to do so will result in a retest of the $2,000 level again,” he added.
Notably, the surge is not being perceived as a true trend-reversal signal. It is likely a dead-cat bounce, indicating seller exhaustion.
In a separate post, Pillows highlighted ETH’s failure to surpass its Supertrend, a trend-based tool He noted that if ETH surpasses its daily Supertrend, $2,500 should be more likely for the crypto.
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