PANews, March 10: According to SoSoValue data, Ethereum spot ETFs recorded a total net outflow of $51.3194 million yesterday (March 9, Eastern Time). The Ethereum spot ETF with the highest single-day net inflow yesterday was Fidelity’s FETH, with a net inflow of $16.2223 million; FETH’s cumulative net inflow to date stands at $2.303 billion. Second was 21Shares’ TETH, with a single-day net inflow of $1.0133 million; TETH’s cumulative net inflow to date is $205 million. The Ethereum spot ETF with the highest single-day net outflow yesterday was BlackRock’s ETHA, with a net outflow of $55.1402 million; ETHA’s cumulative net inflow to date is $11.911 billion. As of press time, the total net asset value of Ethereum spot ETFs is $11.526 billion, with an ETF net asset ratio (market value as a percentage of Ethereum’s total market cap) of 4.71%, and cumulative net inflows to date reaching $11.577 billion.
Ethereum spot ETFs recorded a $51.32 million net outflow on March 9, marking the third consecutive day of outflows.
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Summary
Ethereum spot ETFs experienced a net outflow of $51.32 million on March 9, marking the third consecutive day of withdrawals. Fidelity’s FETH gained $16.22 million, while BlackRock’s ETHA declined by $55.14 million. Total net asset value now stands at $11.53 billion, with a net asset ratio of 4.71%. Meanwhile, the CFTC continues to review compliance for spot Bitcoin ETF applications, adding regulatory scrutiny to the approval process.
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