Ethereum spot ETFs saw a pullback on June 12, logging $4.95 million in net outflows as total trading value hit $483.85 million and combined net assets stood at $9.16 billion. After the day’s activity, these ETFs represented about 4.56% of Ethereum’s market capitalization.
Key takeaways
- BlackRock’s ETHA remains the dominant product by assets and trading activity. ETHA held $4.75 billion (about a 2.36% share of ETH), recorded the largest daily outflow of $4.53 million (2,720 ETH), and led trading with $355.36 million in volume. ETHA traded at $12.57, down 1.02%, with 28.21 million shares changing hands.
- Fidelity’s FETH posted the second-largest outflow: $415,230 (249.04 ETH). FETH’s net assets were $799.31 million; it traded at $16.58 (down 1.01%) with $29.78 million in value traded.
- Grayscale products:
- “ETH” reported $1.46 billion in net assets with no net flow on the day. It traded at $15.83 (down 0.94%) on $46.86 million in volume and carried a 0.15% fee.
- ETHE held $1.30 billion, also with zero daily flow. ETHE traded at $13.47 (down 0.96%) on $30.05 million in volume and charged the highest fee among the group at 2.50%.
- Other funds:
- ETHB: $523.40 million in net assets, no daily inflow, traded at $21.41 (down 1.02%) with $3.69 million traded.
- ETHW: $181.06 million, no daily flow, traded at $11.90 (down 1.08%) with $10.10 million traded.
- Smaller ETFs — ETHV ($82.25M), EZET ($34.12M), QETH ($16.29M), and TETH ($15.99M) — showed no daily inflow changes. Their prices fell between 0.86% and 1.02%. Trading values: ETHV $1.45M, TETH $5.23M, QETH $735,490, EZET $612,900. Prices: QETH $16.56 (-0.90%), EZET $12.61 (-1.02%), ETHV $24.34 (-0.86%).
- Premium/discounts and fees: Every listed Ethereum ETF showed negative premium/discount readings on the day. ETHW had the widest discount at -0.23%, while QETH showed the smallest at -0.07%. Management fees ranged from 0.15% to 2.50%, with most funds charging between 0.19% and 0.25%.
Source: SoSoValue (Ethereum ETFs)
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