Ethereum Spot ETFs See $216 Million Net Outflow Over Past Week

Ethereum spot ETFs experienced a net outflow of $216 million during the trading week from May 18 to May 22, according to Foresight News. Data from SoSoValue indicates that the Blackrock ETF ETHA recorded the largest outflow, amounting to $189 million, bringing its historical total net inflow to $11.62 billion. Fidelity's ETF FETH followed with a weekly outflow of $21.01 million, with its historical net inflow reaching $2.18 billion. Conversely, the Blackrock ETF ETHB saw the highest net inflow of $5.52 million for the week, with a historical net inflow of $518 million. As of the time of reporting, the total net asset value of Ethereum spot ETFs stands at $11.84 billion, with an ETF net asset ratio of 4.73% compared to Ethereum's total market capitalization. The cumulative historical net inflow for these ETFs has reached $11.62 billion.