Ethereum Spot ETFs Record $11.42M Net Outflow on August 3, ETHB Leads with $5.78M Inflow

iconKuCoinFlash
Share
This is the logo of the coin.
ETH
$1,887.010.49%
AI summary iconSummary
Ethereum news reports a net outflow of $11.42 million for Ethereum spot ETFs on August 3. ETHB led with a $5.78 million inflow, reaching a historical total of $550 million. MSSE added $603,300. ETHA experienced the largest outflow at $9.03 million, though its total remains at $11.44 billion. The Ethereum price today is reflected in ETFs holding $10.23 billion in net assets, or 4.54% of the total market cap.

Odaily Planet Daily reports, according to SoSoValue data, Ethereum spot ETFs recorded a total net outflow of $11.4178 million yesterday (Eastern Time, August 3).

The Ethereum spot ETF with the highest single-day net inflow yesterday was BlackRock’s Staked ETH ETF (ETHB), with a net inflow of $5.7791 million; ETHB’s total historical net inflow now stands at $550 million.

Second is the Morgan Stanley Ethereum Trust (MSSE), with a net inflow of $603,300 today; MSSE's total historical net inflow now stands at $20.46 million.

The Ethereum spot ETF with the largest single-day net outflow yesterday was BlackRock’s ETHA, with a net outflow of $9.03 million; ETHA’s total historical net inflow now stands at $11.437 billion.

As of the time of publication, the total net asset value of spot Ethereum ETFs is $10.233 billion, with an ETF net asset ratio (market capitalization as a percentage of Ethereum’s total market cap) of 4.54%, and cumulative net inflows since inception reaching $11.199 billion.

Source:Show original
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.