Ethereum Spot ETFs

The nine U.S. spot Ethereum (ETH) exchange-traded funds (ETFs) experienced a significant outflow of $98.29 million on Monday, marking the fourth consecutive day of negative flow.

Inflows and Outflows

The Grayscale Ethereum Trust (ETHE) was the only fund among ether products to record outflows, totaling $210.04 million in net outflows since its debut last Tuesday, as reported by SosoValue.

Conversely, BlackRock’s ETHA led the inflows with $58.17 million, followed by Fidelity FETH with $24.82 million, VanEck ETHV at $10.91 million, and Bitwise ETHW with $10.45 million in net inflows.

Additionally, the Grayscale Ethereum Mini Trust recorded inflows of $4.9 million, and Franklin’s EZET saw $2.52 million in net inflows. The other two spot ether ETFs from Invesco and 21Shares recorded no flows on Monday.

Trading Volume

The total daily trading volume for the spot ether ETFs reached $773.01 million, a decline from $933.86 million on Friday and $955.85 million on Thursday.

Bitcoin Spot ETFs

In contrast, the 11 spot bitcoin ETFs in the U.S. noted $124.13 million in net inflows on the same day. BlackRock’s IBIT recorded net inflows of $205.62 million, the only fund to show positive net inflows for the day.

On the downside, Grayscale GBTC saw $54.29 million in outflows, Bitwise’s BITB had $21.3 million in outflows, and Fidelity’s FBTC recorded $5.89 million in net outflows.

The total trading volume for spot bitcoin ETFs was significantly higher at $2.68 billion, compared to $2.04 billion on Friday and $1.51 billion on Thursday.