Ethereum Spot ETFs See Significant Weekly Outflows

According to BlockBeats, data from SoSoValue indicates that Ethereum spot ETFs experienced a net outflow of $12.6 million during the trading week from August 26 to August 30, 2024 (Eastern Time). Grayscale's Ethereum Trust ETF (ETHE) saw a significant weekly net outflow of $27.86 million, bringing its historical net outflow to $2.56 billion. In contrast, BlackRock's Ethereum ETF (ETHA) recorded the highest weekly net inflow of $8.4 million, with its historical total net inflow reaching $1.01 billion. Grayscale's Ethereum Mini Trust (ETH) also reported a weekly net inflow of $3.57 million, pushing its historical total net inflow to $239 million. As of the time of reporting, the total net asset value of Ethereum spot ETFs stands at $6.971 billion, with an ETF net asset ratio (market value relative to Ethereum's total market value) of 2.3%. The cumulative historical net outflow has reached $477 million.