Ethereum Spot ETFs See $335M Net Outflow, No Inflows Across Nine Funds

In Brief

Ethereum spot ETFs recorded a net outflow of $335 million last week (Feb 24–28).

No net inflows were reported across all nine Ethereum ETFs.

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Ethereum spot ETFs saw a significant withdrawal of funds last week, reflecting a decline in investor sentiment. The BlackRock Ethereum ETF (ETHA) had the highest outflow, losing $174 million, despite its historical net inflow of $4.27 billion. The Grayscale Ethereum Trust (ETHE) followed, with $77.06 million in outflows, bringing its total historical net outflow to $4.07 billion.

Currently, the total net asset value of Ethereum spot ETFs stands at $8.063 billion, with an ETF net asset ratio of 3.02% relative to Ethereum’s total market value. Despite previous inflows, this downturn signals weakened demand for ETH investment products, at least in the short term.

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