Spot Ethereum ETFs post $70.6 million net outflow on July 24, snapping five-day inflow run
AI Market Summary
Spot Ethereum ETFs posted a $70.6m net outflow on July 24, snapping a five-day inflow streak and signaling near-term softening in incremental institutional demand. Outflows were concentrated in BlackRock's ETHA (-$52.8m) despite large cumulative inflows, while Grayscale's Ethereum Mini Trust saw a modest inflow. With ETF NAV near $10.17bn (4.53% of ETH market cap), flow volatility remains a key driver of short-term positioning.
Impact level
● Medium
Affected assets
ETH/USDT-2.01%
AI Insight · ETH/USDTAI Insight
▼ Bearish
Trade now
⚠️ AI-generated insights are based on news content and are provided for informational purposes only. They do not constitute investment advice or represent the views of BingX. Investing involves risk. Please trade responsibly.
Spot Ethereum ETFs saw net redemptions of $70.6179 million on July 24 (U.S. Eastern Time), according to SoSoValue data cited by Odaily Planet Daily, ending a five-day streak of net inflows.
Grayscale’s Ethereum Mini Trust ETF (ETH) led the day’s inflows, adding $9.9362 million. Its cumulative historical net inflow rose to $1.81 billion.
BlackRock’s ETHA logged the largest single-day outflow, with $52.76 million withdrawn. ETHA’s cumulative historical net inflow stands at $11.41 billion.
As of publication, spot Ethereum ETFs held $10.167 billion in total net asset value. The ETF net asset ratio—market capitalization as a share of Ethereum’s total market cap—was 4.53%, and cumulative net inflows reached $11.183 billion.
