Ethereum spot ETFs recorded a $72.37 million net inflow on March 12, marking the third consecutive day of inflows.

iconPANews
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy
AI summary iconSummary

expand icon
Ethereum news reports that Ethereum spot ETFs recorded $72.37 million in net inflows on March 12, marking the third consecutive day of inflows. Fidelity’s FETH led with $52.02 million, while BlackRock’s ETHA added $18.68 million. Total net assets reached $118.62 billion, with cumulative inflows totaling $117.19 billion. Ethereum’s price remains under close watch as ETF demand continues.

PANews, March 13: According to SoSoValue data, Ethereum spot ETFs recorded a total net inflow of $72.3677 million yesterday (March 12, Eastern Time). The Ethereum spot ETF with the highest single-day net inflow was Fidelity’s FETH, which saw a net inflow of $52.0195 million yesterday; FETH’s cumulative net inflow to date stands at $2.385 billion. Second was BlackRock’s ETHA, with a single-day net inflow of $18.6814 million; ETHA’s cumulative net inflow to date is $11.949 billion. As of the time of reporting, the total net asset value of Ethereum spot ETFs is $11.862 billion, with the ETF net asset ratio (market value as a percentage of Ethereum’s total market cap) at 4.76%, and cumulative net inflows to date reaching $11.719 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.