Ethereum ETF January 8 Market Update: FETH and ETHW Lead ETF Inflows With $345M

Ethereum Spot ETFs saw a daily total net outflow of -$159.34M, with cumulative inflows reaching $2.52B.

FETH (Fidelity) and ETHW (Bitwise) led inflow activity, recording $147.68M and $345.02M, respectively.

Daily price declines across ETFs ranged from -2.73% to -3.33%, with total trading value reaching $458.63M.

The Ethereum Spot ETF market exhibited a blend of inflow activities and market performance on January 8. The daily total net inflow registered -$159.34 million, while the cumulative total net inflow reached $2.52 billion. Total net assets for the sector were valued at $11.74 billion, representing 2.97% of Ethereum’s market cap, as the market’s total value traded for the day stood at $458.63 million.

Market Leaders by Net Assets

In a detailed SoSoValue update, the leading ETH Spot ETF by net assets was ETHE (Grayscale, NYSE), with $4.61 billion in net assets. It recorded a daily net outflow of -$8.26 million, while its market price declined by -3.20% to $27.50

Source: SoSoValue

ETHA (BlackRock, NASDAQ) followed with $3.66 billion in net assets and no recorded daily inflow or outflow. Its market price fell -3.16% to $24.84. ETH (Grayscale, NYSE) held $1.55 billion in net assets, with a daily net outflow of -$3.40 million. Its price dropped by -3.19% to $30.93.

Notable Performances Among Other ETFs

FETH (Fidelity, CBOE) reported $1.36 billion in net assets, supported by a daily net inflow of $147.68 million. Despite this inflow, its market price fell -3.07% to $32.85. Similarly, ETHW (Bitwise, NYSE) demonstrated significant activity with a daily inflow of $345.02 million, bringing its net assets to $344.08 million.

However, its price declined -3.33% to $23.53. ETHV (VanEck, CBOE) maintained $144.13 million in net assets without inflows or outflows, but its market price fell -3.12% to $48.02. The cumulative net inflows for FETH and ETHW highlighted notable activity, with FETH recording $147.68 million and ETHW $345.02 million. Other ETFs, like ETHA and ETHV, demonstrated stable holdings with no inflows or outflows.

Across all ETFs, daily market prices declined between -2.73% and -3.33%, indicating a broader downward trend during this trading period. The total traded value of $458.63 million emphasized the continued high trading activity within the Ethereum ETF market.

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