Ethereum Spot ETF, Record Weekly Net Inflow of $248.31 Million...2nd Consecutive Week

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The US Ethereum spot ETF market raised $248.31 million in one week, continuing its two-week inflow trend.

According to Sosoval's aggregated data, during the past week (May 19-23), the US Ethereum spot ETF market attracted a total of $248.31 million (339.6 billion won) in new funds over five trading days.

Expanding its inflow nearly sixfold from the previous week's $41.59 million, it raised the most funds since the first week of February ($420.06 million).

This week, all five trading days closed with net inflows: ▲19th ($13.66 million) ▲20th ($64.89 million) ▲21st ($587,130) ▲22nd ($110.54 million) ▲23rd ($58.63 million).

The cumulative inflow of Ethereum spot ETFs last week increased to $2.76 billion (3.7756 trillion won), up from the previous week's $2.51 billion.

The cumulative trading volume decreased from $2.63 billion in the previous week to $2.52 billion (3.4473 trillion won) over one week.

Daily trading volumes were recorded as ▲19th $468.72 million ▲20th $303.03 million ▲21st $657.66 million ▲22nd $697.47 million ▲23rd $394.36 million.

The total net asset value of Ethereum spot ETFs is $9.12 billion (12.4761 trillion won), accounting for 2.97% of the total Ethereum supply.

The largest Ethereum spot ETF is BlackRock ETHA, managing $3.44 billion in net assets. Grayscale ETHE manages $2.91 billion, and Grayscale Mini ETH manages $1.28 billion.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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