The post Ethereum Spot ETF Experiences $23 Million Net Outflow Amidst Grayscale Trust Trends appeared on BitcoinEthereumNews.com.

On March 8th, COINOTAG reported significant movements within the Ethereum space as per SoSoValue’s analytics. On March 7th, the Ethereum spot ETF recorded a substantial net outflow of $23.0961 million. Meanwhile, the Grayscale Ethereum Trust ETF, abbreviated as ETHE, registered a daily net outflow of $0.00. Cumulatively, ETHE has experienced a notable historical net outflow totaling $4.128 billion. In contrast, the Grayscale Ethereum Mini Trust ETF, ETH, similarly reported no daily net outflow, maintaining a total historical net inflow of $0.614 billion. Currently, the total assets under management within the Ethereum spot ETF stand at $7.762 billion, which translates to an ETF net asset ratio of 2.98%—a figure that reflects the market value as a percentage of total Ethereum market valuation. Additionally, the cumulative net inflow for the Ethereum spot ETF has reached an impressive $2.699 billion, showcasing the ongoing interest and investment in Ethereum despite recent outflows. Source: https://en.coinotag.com/breakingnews/ethereum-spot-etf-experiences-23-million-net-outflow-amidst-grayscale-trust-trends/

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Filed under: News - @ March 8, 2025 5:13 am