Ethereum Spot ETFs See $50.48M Net Outflow on April 27; BlackRock's ETHB the Only Fund with Net Inflows
ChainCatcher reports that, based on SoSoValue data, Ethereum spot ETFs posted a combined net outflow of $50.48 million on April 27 (U.S. Eastern Time).
BlackRock's Staked ETH ETF (ETHB) led inflows on the day, taking in $11.76 million. ETHB's cumulative net inflows stand at $44.01 million.
Fidelity's ETF (FETH) recorded the largest daily outflow, with $48.43 million leaving the fund. FETH's cumulative net inflows total $2.291 billion.
Total net asset value across Ethereum spot ETFs was $13.532 billion as of the latest update. The group's net asset ratio—market value as a share of Ethereum's total market capitalization—stood at 4.89%, while cumulative net inflows reached $12.048 billion.