According to a January 15 PANews report citing SoSoValue data, Ethereum spot ETFs experienced a total net inflow of $175 million on January 14 (Eastern Time). The largest single-day net inflow came from BlackRock's Ethereum spot ETF (ETHA), which saw a net inflow of $81.6032 million. The cumulative net inflow for ETHA now stands at $127.73 billion. Grayscale's Ethereum Mini Trust ETF (ETH) followed with a net inflow of $43.4695 million, bringing its total historical net inflow to $1.61 billion. As of the time of writing, the total net asset value of Ethereum spot ETFs is $20.84 billion, with the ETF net asset ratio (market value relative to Ethereum's total market capitalization) reaching 5.1%. The cumulative net inflow since inception has reached $12.744 billion.
Ethereum Spot ETFs Experience $175M Net Inflow on January 14, Signaling Third Straight Day of Inflows
PANewsShare
Summary
Ethereum news broke on January 14 as Ethereum spot ETFs recorded $175 million in net inflows, marking the third consecutive day of positive flows. BlackRock's ETHA led with $81.6 million in ETF inflows, bringing its total to $127.73 billion. Grayscale's ETH added $43.47 million, with a cumulative total of $16.1 billion. The total net asset value of Ethereum spot ETFs now stands at $208.4 billion, representing a net asset ratio of 5.1% of Ethereum's total market cap. Cumulative net inflows have reached $127.44 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.