Ethereum spot ETFs recorded a $189 million net inflow on August 19, marking the third consecutive day of inflows.

iconChaincatcher
Share
AI summary iconSummary
Ethereum news broke on August 19 as Ethereum spot ETFs recorded $189 million in net inflows, marking the third consecutive day of positive flows. BlackRock’s ETHA led with $122 million, bringing its total to $118.46 billion. Fidelity’s FETH added $36.54 million, now totaling $2.16 billion. The ETFs now hold $12.06 billion in net assets, representing 4.51% of Ethereum’s market cap. Ethereum’s price remains under close watch as inflows continue.

ChainCatcher report, according to SoSoValue data, Ethereum spot ETFs recorded a total net inflow of $189 million yesterday (Eastern Time, August 19). The Ethereum spot ETF with the highest single-day net inflow was BlackRock’s ETHA, with a net inflow of $122 million; ETHA’s cumulative net inflow to date stands at $11.846 billion. Second was Fidelity’s FETH, with a single-day net inflow of $36.5352 million; FETH’s cumulative net inflow to date is $2.16 billion. As of the time of this report, the total net asset value of Ethereum spot ETFs is $12.063 billion, with the ETF net asset ratio (market value as a percentage of Ethereum’s total market cap) at 4.51%, and cumulative net inflows to date reaching $11.744 billion.

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.