Ethereum spot ETFs recorded a $121 million net outflow on May 28, marking the 13th consecutive day of outflows.

iconKuCoinFlash
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy
AI summary iconSummary

expand icon
Ethereum news: As of May 28 (EDT), Ethereum spot ETFs experienced a $121 million net outflow, marking the 13th consecutive day of ETF outflows, according to data from MetaEra and SoSoValue. BlackRock’s ETHB ETF recorded the largest inflow at $3.1145 million, with a cumulative net inflow of $521 million. The ETHA ETF led outflows at $80.3895 million, while the total net asset value of Ethereum spot ETFs stood at $11.296 billion, with a cumulative net inflow of $11.392 billion.

ME News reports that, as of May 29 (UTC+8), according to SoSoValue data, the total net outflow of Ethereum spot ETFs yesterday (May 28 Eastern Time) was $121 million.

The Ethereum spot ETF with the highest single-day net inflow yesterday was BlackRock's Staked ETH ETF (ETHB), with a net inflow of $3.1145 million; ETHB's total historical net inflow now stands at $521 million.

The Ethereum spot ETF with the largest single-day net outflow yesterday was BlackRock's ETHA, with a net outflow of $80.3895 million; ETHA's total historical net inflow now stands at $11.476 billion.

As of press time, the total net asset value of Ethereum spot ETFs is $11.296 billion, with an ETF net asset ratio (market capitalization as a percentage of Ethereum’s total market cap) of 4.65%, and cumulative net inflows to date reaching $11.392 billion.(Source: SoSoValue)



Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.