The US Ethereum spot ETF market turned to net outflows after three trading days, and short-term supply and demand fluctuated again.
According to data from SoSoValue, as of January 7 (local time), the US Ethereum spot ETF market saw a net outflow of $98.45 million in a single day.
After three consecutive trading days of net inflows on the 2nd (US$174.43 million), 5th (US$168.13 million), and 6th (US$114.74 million), the inflow turned into a net outflow on this day. As the short-term buying momentum slowed, the cumulative net inflow amounted to US$12.69 billion.
Looking at the ETF fund flows for the day, only Franklin Templeton EZET (US$2.38 million) recorded net inflows. On the other hand, six ETFs experienced net outflows: ▲ Grayscale ETHE (-US$52.05 million) ▲ Fidelity FETH (-US$13.29 million) ▲ Grayscale ETH (-US$13.03 million) ▲ Bitwise ETHW (-US$11.23 million) ▲ BlackRock ETHA (-US$6.64 million). The remaining two ETFs showed no changes in fund inflows or outflows.
Total trading volume was $1.3 billion, a decrease from the previous trading day ($1.72 billion). The top-traded assets by trading volume were: ▲ BlackRock ETHA ($763.38 million) ▲ Grayscale ETH ($189.06 million) ▲ Grayscale ETHE ($172.30 million).
The total net assets are $19.31 billion, representing approximately 5.10% of Ethereum's total market capitalization. The top-ranked companies by net assets are: ▲ BlackRock ETHA ($11.2 billion) ▲ Grayscale ETHE ($2.79 billion) ▲ Fidelity FETH ($2.34 billion).
