Ethereum ETFs Update: Daily Net Outflow Hits -$261.59M as ETHA Leads Losses

TLDR

• Ethereum ETFs saw a daily net outflow of -$261.59 million as of November 20.
• ETHA ETF had a price decrease of 0.11% and a net outflow of -$122.60 million.
• The ETHE ETF saw a slight price increase of 0.02%, with a net outflow of -$18.60 million.
• FETH ETF had a price increase of 0.23%, despite a large net outflow of -$90.55 million.
• The ETHW ETF reported a minor price increase of 0.09%, with a net outflow of -$11.17 million.

According to a recent SoSoValue update, it is confirmed that Ethereum ETFs leaned on the negative side with a daily net outflow of -$261.59 million as of November 20. This outflow is part of a larger cumulative total net inflow of $12.58 billion, indicating an ongoing movement of funds. The total value traded for the day stands at $2.76 billion.

ETHA and ETHE See Outflows, ETH ETF Remains Stable

Focusing on individual ETFs, the update presents various movements in key exchange-traded products. The ETHA ETF on NASDAQ, backed by BlackRock, has experienced a 0.11% decrease in its price, with a net inflow of -$122.60 million and 43.24K shares redeemed. The cumulative net inflow for ETHA stands at $12.94 billion, with net assets of $10.22 billion. The ETF holds an ETH share of 2.99%.

Source: SoSoValue (Ethereum ETFs)

The ETHE ETF on the NYSE, sponsored by Grayscale, has seen a slight increase in its price by 0.02%. However, it registered a net outflow of -$18.60 million, with 6.56K shares redeemed. The ETF’s cumulative net inflow is -$4.92 billion, and the total net assets are $2.71 billion. Its ETH share stands at 0.79%.

The ETH ETF, also on the NYSE and backed by Grayscale, is down by 0.10%, reporting no net inflows or outflows. Its cumulative net inflow remains at $1.42 billion, with net assets reaching $1.98 billion. The ETH share is 0.58%.

FETH and ETHW See Outflows, While Others Ethereum ETFs Experience Price Fluctuations

The FETH ETF on CBOE, sponsored by Fidelity, has experienced a price increase of 0.23%. This ETF saw a large net outflow of -$90.55 million, with 31.93K shares redeemed. The cumulative net inflow is $2.45 billion, and net assets are $2.45 billion, with an ETH share of 0.56%.

The ETHW ETF on the NYSE, backed by Bitwise, recorded a minor increase of 0.09% in price but experienced a net outflow of -$11.17 million, with 3.94K shares redeemed. Its net assets stand at $328.20 million, with an ETH share of 0.10%.

The ETHV ETF on CBOE, sponsored by VanEck, has seen a slight decrease of -0.08% in its price, with a net outflow of -$18.67 million and 6.58K shares redeemed. The ETF’s cumulative net inflow is $182.59 million, and net assets are $161.82 million. Other ETFs such as EZET on CBOE, TETH on the 21Shares exchange, and QETH on Invesco, have all recorded varying degrees of price fluctuations and outflows.

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