Ethereum ETFs remain in the red as daily net outflows hit $4.95 million

US Ethereum ETFs ended June 12 with daily net outflows of $4.95 million.

The total trading value reached $483.85 million, while net assets amounted to $9.16 billion. The funds accounted for 4.56% of Ethereum’s market capitalization after the latest update.

Ethereum ETF losses deepen as ETHA and FETH lead daily outflows

Track the trend of each Ethereum ETFThe latest update indicates that BlackRock’s ETHA led the pack in terms of net assets and trading activity. ETHA has net assets of $4.75 billion, equivalent to a 2.36% stake in Ethereum. The fund recorded $4.53 million in daily net outflows and 2,720 ETH in daily ETH outflows. ETHA was trading at $12.57, down 1.02%, with a trading value of $355.36 million. The daily trading volume reached 28.21 million shares, the highest level among listed funds.

source: SoSoValue (Ethereum ETFs)

Fidelity’s FETH reported its second daily outflow among listed products. The fund recorded $415,230 in daily net outflows and 249.04 ETH in daily ETH outflows. FETH has net assets of $799.31 million and is trading at $16.58. Its price decreased by 1.01%, while trading value reached $29.78 million.

Grayscale ETH and ETHE remain steady on flows as prices decline

Grayscale’s ETH ranks second in terms of net assets with $1.46 billion. The fund recorded no net daily inflow and no daily inflow of Ethereum on June 12. Ethereum traded at $15.83, down 0.94%, with $46.86 million traded. Trading volume reached 2.95 million shares, while its fees amounted to 0.15%.

Grayscale’s ETHE followed with net assets of $1.30 billion. ETHE also recorded zero daily net inflow and zero daily inflow of ETH. The fund traded at $13.47, down 0.96%, with a trading value of $30.05 million. Its 2.50% fee is rated as the highest.

ETHB has net assets of $523.40 million and has recorded no daily net inflows. The fund traded at $21.41, down 1.02%, with a trading value of $3.69 million. ETHW held $181.06 million and also recorded zero daily inflow. It traded at $11.90, down 1.08% and traded $10.10 million.

Smaller ETFs extend the zero flow line

ETHV, EZET, QETH, and TETH also showed no changes in daily flow. For these Ethereum ETFsNet assets were $82.25 million, $34.12 million, $16.29 million, and $15.99 million, respectively. Daily declines in their prices ranged from 0.86% to 1.02%. TETH recorded a trading value of $5.23 million, higher than many smaller funds.

Premium and discount readings remained negative across all Ethereum-listed ETFs. ETHW showed the largest discount at -0.23%, while QETH showed -0.07%. Fee levels ranged from 0.15% to 2.50%, with ETHE at the top. Most funds carry fees between 0.19% and 0.25%.

QETH traded at $16.56, down 0.90%, with a trading value of $735,490. EZET stock was trading at $12.61, down 1.02%, trading for $612,900. ETHV traded at $24.34, down 0.86%, with $1.45 million changing hands.