Ethereum Spot ETFs Record $60.86M Net Inflow on August 5, with BlackRock's ETHA Leading

iconKuCoinFlash
Share
AI summary iconSummary
Ethereum news broke on August 5 as Ethereum spot ETFs recorded $60.86 million in net inflows. BlackRock’s ETHA led with $50.34 million, bringing its total to $11.53 billion. ETHB added $4.94 million, now totaling $555 million. The total net asset value of Ethereum spot ETFs stands at $10.61 billion, or 4.58% of Ethereum’s market cap, with cumulative inflows of $11.31 billion. Ethereum’s price today remains under close watch by traders and investors.

ME News reports that, as of August 6 (UTC+8), according to SoSoValue data, the total net inflow into Ethereum spot ETFs yesterday (August 5, Eastern Time) was $60.8576 million.

The Ethereum spot ETF with the highest single-day net inflow yesterday was BlackRock's ETHA, with a net inflow of $50.34 million; the total historical net inflow of ETHA has reached $11.53 billion.

Second is BlackRock's Staked ETH ETF, ETHB, with a single-day net inflow of $4.9382 million; the total historical net inflow for ETHB has reached $555 million.

As of press time, the total net asset value of Ethereum spot ETFs is $10.606 billion, with an ETF net asset ratio (market cap as a percentage of Ethereum’s total market cap) of 4.58%, and cumulative net inflows to date reaching $11.313 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.