PiCK

US Ethereum Spot ETF Sees Inflow of Approximately $838 Million Last Week, Valued at Around 1.2 Trillion Won

Bloomingbit Newsroom

Summary

Last week, the US Ethereum Spot ETF showed strength with a weekly net inflow of approximately $838 million.
Most of the inflow was concentrated in BlackRock and Fidelity's Ethereum ETFs.
Grayscale ETHE reported net outflows for five consecutive days.

Last week, the demand for US Ethereum (ETH) spot ETFs continued to be strong, recording a weekly net inflow of over $800 million.

On the 9th (local time), Lynn Chen, Deribit's Asia Business Development Manager, reported on X (formerly Twitter) that "Last week, the Ethereum spot ETF showed relatively strong performance, recording a weekly net inflow of approximately $838 million (about 1.2047 trillion won)."

Most of the weekly net inflow was attributed to BlackRock and Fidelity's Ethereum ETFs. On the other hand, Grayscale ETHE recorded net outflows for five consecutive days.