Ethereum Spot ETF Net Assets Drop to $1.54B Amid Three-Day Outflow

U.S. Ethereum spot ETFs have recorded three consecutive days of net outflows. According to Solactive data, as of September 17 (local time), the U.S. Ethereum spot ETF market saw a daily net outflow of $39.24 million. This follows three straight trading days of net outflows starting from September 15. The outflow amount decreased by approximately 82% compared to the previous day. Cumulative net inflows now stand at $1.316 billion.

Among the 11 ETFs, net inflows occurred in two funds: Fidelity's FETH with $1.83 million and VanEck's ETHV with $1.79 million. In contrast, BlackRock's ETHA experienced a significant outflow of $42.86 million, which exceeded the total inflows, resulting in net outflows for the market.

Total trading volume for Ethereum spot ETFs was reported at $680.47 million. By fund, BlackRock's ETHA led with $525.03 million, followed by Grayscale's ETH with $43.43 million and Grayscale's ETHE with $38.52 million. Total net assets reached $1.5416 billion, representing approximately 5.15% of Ethereum's total market capitalization.

The top three ETFs by net assets are BlackRock's ETHA at $8.5971 billion, Grayscale's ETH at $2.19678 billion, and Grayscale's ETHE at $1.77455 billion.