The US Ethereum spot ETF market is seeing inflows of funds.
According to data from SoSoValue, as of March 12 (local time), the US Ethereum spot ETF market saw a net inflow of $72.37 million in a single day.
It has seen net inflows for three consecutive trading days since the 10th. While it achieved its inflow conversion one day later than Bitcoin, it surpassed Bitcoin ($53.87 million) in terms of daily inflow amount. The cumulative net inflow has reached $11.72 billion.
Of the nine ETFs, four saw inflows: ▲Fidelity FETH ($52.02 million) ▲BlackRock ETHA ($18.68 million) ▲Bitwise ETHW ($885,260) ▲Franklin EZET ($781,530). The remaining ETFs remained unchanged with no changes in fund inflows or outflows.
On the same day, the total trading volume of Ethereum spot ETFs reached $625.82 million. Ranked by trading volume by underlying asset: BlackRock ETHA $373.16 million, Grayscale ETHE $92.37 million, and Fidelity FETH $83.91 million.
The total net asset value is $11.86 billion, representing approximately 4.76% of Ethereum's total market capitalization. The top-ranked ETFs by net asset value are: BlackRock ETHA $6.57 billion, Grayscale Mini ETHE $1.8 billion, and Grayscale ETHE $1.8 billion.
