Spot Ethereum ETFs post $29.08 million net inflow on July 6, extending inflow streak to three days
AI Market Summary
US spot Ethereum ETFs saw a $29.08m net inflow on July 6, extending inflows to three consecutive days. BlackRock's ETHA led with $29.74m, while Grayscale's ETHE recorded a $2.75m outflow, indicating ongoing rotation from legacy trusts to lower-fee ETFs. Total ETH ETF NAV is ~$9.02b (4.38% of ETH market cap), underscoring sustained institutional allocation.
Impact level
● Medium
Affected assets
ETH/USDT+0.18%
AI Insight · ETH/USDTAI Insight
▲ Bullish
Trade now
⚠️ AI-generated insights are based on news content and are provided for informational purposes only. They do not constitute investment advice or represent the views of BingX. Investing involves risk. Please trade responsibly.
Spot Ethereum exchange-traded funds attracted $29.08 million in net inflows on July 6, according to SoSoValue data cited by Huoxing Finance.
BlackRock's ETHA led the group with $29.74 million in single-day net inflows, lifting its cumulative net inflow to $11.125 billion. VanEck's ETHV followed with $1.24 million in daily net inflows and $165 million in cumulative net inflows.
On the outflow side, Grayscale's Ethereum Trust ETF (ETHE) recorded the largest single-day net redemption at $2.75 million, bringing its cumulative net outflow to $5.332 billion.
As of the reporting time, spot Ethereum ETFs held $9.02 billion in total net assets. Their net asset ratio stood at 4.38% of Ethereum's total market capitalization, while cumulative net inflows across the category reached $10.889 billion.