Ethereum Spot ETFs See $18.63M Net Outflow on March 21, Led by BlackRock’s ETHA
According to Odaily, data from SoSoValue reveals that Ethereum spot ETFs experienced a total net outflow of $18.63 million on March 21 (Eastern Time).
Key Highlights:
BlackRock’s ETF (ETHA) recorded the largest single-day net outflow at $11.93 million, bringing its historical total net inflow to $4.073 billion.
Grayscale’s ETF (ETH) followed with a $6.692 million net outflow, with its historical total net inflow standing at $577 million.
The total net asset value (NAV) of Ethereum spot ETFs currently stands at $6.769 billion.
The ETF net asset ratio compared to Ethereum’s total market value is 2.84%.
The cumulative historical net inflow for Ethereum spot ETFs has reached $2.417 billion.
With these fluctuations, Ethereum spot ETFs continue to be a focal point for institutional investors. Stay updated for further developments in the crypto ETF market.
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