- Ethereum ETFs saw a $41.82M net outflow, while total net assets reached $8.06B, representing 3.02% of Ethereum’s market cap.
- ETHA from BlackRock led daily outflows with $30.16M, while FETH maintained stability with $1.49B in cumulative net inflows.
- ETF prices declined, with ETHA down 1.52% at $16.79, ETHE dropping 1.70% to $18.51, and ETH falling 1.37% to $20.92.
SoSoValue has updated the Ethereum ETF market movements as of February 28. According to the update, the total daily net inflow recorded a loss of $41.82 million, while the cumulative total net inflow reached $2.82 billion. The total value traded amounted to $380.59 million, with total net assets standing at $8.06 billion, representing 3.02% of Ethereum’s market cap.
BlackRock’s ETHA Leads Outflows While Fidelity’s FETH Remains Stable
According to the update deep insights, ETHA, traded on NASDAQ under BlackRock, recorded a one-day net outflow of $30.16 million. Its cumulative net inflow reached $4.27 billion, with net assets valued at $2.86 billion. ETHE, listed on NYSE under Grayscale, saw a daily net outflow of $11.66 million. Its cumulative net inflow stood at negative $4.07 billion, and net assets were valued at $2.80 billion.
ETH, another Grayscale-backed ETF on NYSE, reported no net inflows or outflows for the day. Its cumulative net inflow reached $605.10 million, while net assets were valued at $1.05 billion. Fidelity’s FETH, traded on CBOE, maintained stable daily net inflows. Its cumulative net inflow reached $1.49 billion, and net assets were valued at $975.44 million.
Ethereum ETF Prices Show Declines Across the Board
Bitwise’s ETHW, also traded on CBOE, recorded stable daily inflows, with cumulative net inflows at $317.91 million. Its total net assets stood at $208.33 million. ETHV, backed by VanEck on CBOE, maintained stable inflows, with cumulative net inflows at $136.39 million and net assets valued at $102.93 million.
Franklin’s EZET ETF reported cumulative net inflows of $37.65 million, with net assets valued at $27.76 million. Invesco’s QETH ETF recorded cumulative net inflows of $20.32 million, while net assets reached $16.99 million. CETH, backed by 21Shares, saw cumulative net inflows of $16.58 million, with net assets valued at $16.58 million.