Ethereum spot ETFs draw $105 million on Sept. 23, extending inflow streak to four days
AI Market Summary
Ethereum spot ETFs posted a $105 million net inflow on Sep 23, extending inflows to a fourth straight session. BlackRock's ETHA and Fidelity's FETH led subscriptions, while Grayscale's Ethereum Mini Trust saw a modest outflow. Total ETF net assets are $17.505B (5.37% of ETH market cap) with $13.787B cumulative inflows, reinforcing institutional demand and improving near-term market tone.
Impact level
● Medium
Affected assets
ETH/USDT-2.63%
AI Insight · ETH/USDTAI Insight
▲ Bullish
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Ethereum spot exchange-traded funds posted net inflows of $105 million on Monday (Sept. 23, Eastern Time), marking a fourth straight session of gains, according to SoSoValue data cited by ChainCatcher.
BlackRock's ETHA led the group with $507.996 million in single-day net inflows, lifting its cumulative net inflows to $13.206 billion. Fidelity's FETH followed with $412.754 million in net inflows, bringing its historical total to $2.395 billion.
On the outflow side, Grayscale's Ethereum Mini Trust ETF (ETH) recorded the largest single-day net redemption at $4.0901 million. The fund's cumulative net inflows stand at $2.015 billion.
Total net asset value across Ethereum spot ETFs reached $17.505 billion as of publication. The category's net asset ratio, measured as market value relative to Ethereum's total market capitalization, was 5.37%, while cumulative historical net inflows totaled $13.787 billion.
