Ethereum ETF Sees $1.61 Million Net Inflow: Fidelity FETH Leads with $26.32 Million
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Shorts pay
According to recent data from SoSoValue, significant movements were noted within the Ethereum ETF landscape between February 18th and February 21st. During this period, the spot Ethereum ETF experienced a net inflow of $1.61 million. Noteworthy was the Fidelity Ethereum ETF (FETH), which recorded the most substantial inflow of $26.32 million, culminating in a total historical inflow of an impressive $1.54 billion. On the contrary, the Grayscale Ethereum Trust (ETHE) faced a challenging week, suffering a net outflow of $15.79 million, pushing its cumulative outflow to $4 billion.
As it stands, the total net asset value of the spot Ethereum ETFs has reached $9.81 billion, reflecting an ETF net asset ratio of 3.14% of the overall Ethereum market value. Collectively, historical net inflows into the segment now stand at a formidable $3.154 billion, underscoring the growing interest in Ethereum-based investment vehicles among institutional investors.
