Ethereum Spot ETFs Record $10.75M Outflow as BlackRock’s ETHA Leads with $41.9M Inflows

U.S. spot Ethereum ETFs saw a net outflow of $10.75 million on March 3, with BlackRock’s ETHA posting the largest daily inflow despite heavy redemptions from Fidelity’s FETH.The mixed flows highlight ongoing volatility in institutional demand for Ethereum investment products.BlackRock’s ETHA Leads Daily InflowsAccording to data from SoSoValue, the iShares Ethereum Trust (ETHA) managed by BlackRock recorded the largest single-day inflow among Ethereum ETFs.Daily inflow: $41.92 millionHistorical cumulative inflows: $68.43 millionThe fund continues to attract new capital despite broader outflows across the sector.Grayscale Mini Ethereum Trust Also Sees Positive FlowsThe Grayscale Ethereum Mini Trust (ETH) ranked second in daily inflows.Daily inflow: $18.72 millionTotal historical inflows: $23.54 millionThe Mini Trust structure has been gaining traction due to its lower fee profile compared with older products.Fidelity’s FETH Posts Largest OutflowThe Fidelity Ethereum Fund (FETH) recorded the largest daily redemption.Daily outflow: $66.73 millionHistorical cumulative outflow: $65.71 millionThe outflow offset inflows from other funds, resulting in a net sector outflow of $10.75 million for the day.Ethereum ETF Market OverviewAs of the latest data:Total ETF net asset value: $11.31 billionETF market share of Ethereum market cap: 4.74%Cumulative historical net inflows: $11.63 billionThe ETF net asset ratio indicates that a growing portion of Ethereum exposure is now being held through regulated investment vehicles.Institutional Sentiment Remains MixedDespite the daily outflow, continued inflows into select products suggest that institutional investors remain engaged with Ethereum ETFs.The divergence between funds highlights shifting investor preferences, with flows increasingly concentrating in lower-fee or newer ETF offerings.