Ethereum ETFs Update: $224.78M Exits as ETHA Leads Outflows

TLDR

• Ethereum ETFs recorded a total daily net outflow of $224.78 million on December 15.
• BlackRock’s ETHA holds the highest net assets at $10.69 billion, but saw the largest outflow of $139.09 million.
• Grayscale’s ETHE and Fidelity’s FETH posted outflows of $35.10 million and $10.96 million, respectively.
• Grayscale’s ETH recorded a $20.18 million outflow and a 4.92% price decline, while QETH remained stable with no net change.
• Nearly all ETFs experienced market price drops around 5%, with Bitwise ETHW and VanEck ETHV also posting notable outflows.

As of December 15, the Ethereum ETF market recorded a daily net outflow of $224.78 million. As per the recent update by SoSoValue, this movement brings the cumulative total net inflow to $12.86 billion, while total net assets stand at $18.27 billion. The total value traded across all ETFs during the day reached $2.10 billion.

ETHA Sees $139M Outflow, ETHE Loses $35.1M, FETH Drops $10.96M

A look at each Ethereum ETF performance reveals that BlackRock’s ETHA leads in net assets, totaling $10.69 billion, accounting for 3.02% of Ethereum’s market cap. Despite this, ETHA experienced a substantial daily net outflow of $139.09 million and a 4.94% drop in market price, closing at $22.12.

Grayscale’s ETHE reported the second-largest net asset figure at $2.66 billion. It saw a daily net outflow of $35.10 million, with its market price decreasing by 4.98% to $24.03. The Ethereum ETF fee remains the highest in the group at 2.50%.

Fidelity’s FETH reported $2.18 billion in net assets. It registered a daily net outflow of $10.96 million and dropped 5.07% in market price to $29.19. FETH shares 0.62% of the Ethereum market cap with a 0.25% fee. Grayscale’s ETH fund (distinct from ETHE) saw a $20.18 million outflow. It holds $1.47 billion in net assets, representing 0.59% of Ethereum’s market cap. The market price declined 4.92% to $27.62

ETHW Bleeds $13.01M, ETHV $6.43M, but EZET, TETH, and QETH Remain Stable

Bitwise’s ETHW held $352.79 million in assets and had an outflow of $13.01 million. The ETF lost 4.98% in price, settling at $20.97, and maintains a fee of 0.20%. VanEck’s ETHV recorded net assets of $169.39 million with a daily net outflow of $6.43 million. It saw a price decline of 4.96%, closing at $42.84. Franklin’s EZET showed no inflow or outflow. It holds $64.48 million in net assets with a stable price of $22.22. Its Ethereum share stands at 0.02%.

21Shares’ TETH also reported zero net flow and closed with $30.87 million in assets. The price dropped 4.94% to $14.63. Invesco’s QETH recorded a modest gain of 0.03% in premium/discount and net assets of $25.48 million. The market price increased to $29.19, showing no net inflow change. The market faced widespread price declines and heavy outflows, except for Grayscale ETH and Invesco QETH, which remained stable.

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