The post Ethereum Spot ETF Reports $70.6 Million Net Inflow Amid Grayscale Trust Outflows appeared on BitcoinEthereumNews.com.

According to recent data from SoSoValue, the cryptocurrency market experienced significant movements on January 22nd, as the Ethereum spot ETF reported a robust net inflow of $70.641 million. In contrast, the Grayscale Ethereum Trust ETF (ETHE) faced a considerable net outflow of $17.427 million, escalating its total historical outflow to $3.74 billion. The Grayscale Ethereum Mini Trust (ETH) remained stable, recording no net outflow on that day and accumulating a historical net inflow of $0.578 billion. Notably, the BlackRock ETF (ETHA) dominated the inflow metrics with a staggering $79.105 million for the day, enhancing its total historical inflow to $3.969 billion. The Fidelity ETF (FETH) also demonstrated positive performance, securing a net inflow of $8.978 million, raising its total to $1.453 billion. At present, the total net asset value of the Ethereum spot ETF stands at $11.932 billion, reflecting an ETF net asset ratio of 3.04% and a historical cumulative net inflow of $2.81 billion. Source: https://en.coinotag.com/breakingnews/ethereum-spot-etf-reports-70-6-million-net-inflow-amid-grayscale-trust-outflows/

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Filed under: News - @ January 23, 2025 5:22 am