BlackRock’s ETHA accounted for most of a $53.02 million net inflow into U.S. spot Ether (ETH) ETFs on Wednesday, Nov. 4, following the funds’ $85.35 million outflow a day earlier, SoSoValue data showed.
Grayscale’s ETH and ETHE brought in $13.60 million and $9.68 million, respectively, while Fidelity’s FETH added $19.24 million. 21Shares’ TETH recorded $120,000 in inflows; ETHA drew $32.75 million, the largest inflow among the funds. In all, five of the 11 funds recorded inflows. ETHB was the sole fund with a negative flow, at $22.38 million.
Combined net assets were $14.12 billion, equal to about 4.77% of Ethereum’s market capitalization. Cumulative net inflows across the products totaled $12.12 billion.
ETF trading volume reached $947.59 million. ETHA accounted for $626.04 million of that total; Fidelity’s FETH and Grayscale’s ETH recorded $78.49 million and $112.80 million, respectively.
