Key Points
According to SoSoValue, Ethereum (ETH) spot ETFs experienced a significant net inflow of $145 million on December 17. This suggests an increasing institutional faith in financial tools supported by Ethereum.
Leading Players in Ethereum Spot ETFs
BlackRock’s ETHA led the inflows on the day, with a significant $135 million. It now holds the highest net inflow for Ethereum spot ETF at $3.365 billion. Grayscale’s ETH, a key player in the ETF market, saw a net increase of $4.45 million, bringing its previous net inflow to $616 million.
Despite not seeing new inflows on the day, Grayscale’s ETHE ETF remains a dominant player. It holds $5.72 billion in total net assets, maintaining a cumulative net outflow of $3.517 billion.
The net asset value of Ethereum spot ETFs currently stands at $14.04 billion. This is equivalent to 2.96% of Ethereum’s total market capitalization, which is approximately $461.51 billion. As Ethereum continues to establish its position in the digital asset market, institutional involvement is on the rise. This is evident from the total net inflow across all Ethereum spot ETFs, which has now exceeded $2.46 billion.
The continuous capital inflows reflect growing confidence in Ethereum’s role in the evolving landscape. Investors are seeking exposure to Ethereum’s core technology and expanding ecosystem.