🚗 #GateSquareCommunityChallenge# Round 1 — Who Will Be The First To The Moon?
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ETF data: Ethereum Spot ETF continues to see outflows, with a net outflow of 32.17 million USD last week.
Gate.io News bot message, according to the latest data statistics from SoSoValue, during the trading period from April 14 to 17 Eastern Time, the Ethereum Spot ETF continued to show an outflow trend, with a net outflow amount of 32.17 million USD in a single week, marking eight consecutive weeks of net outflows.
Grayscale ETF ETH performed relatively well, achieving a weekly net inflow of $2.24 million, with a historical cumulative net inflow amounting to $570 million. In contrast, the Grayscale Ethereum Trust ETF ETHE and Fidelity Ethereum ETF FETH faced significant outflows, with net outflows of $18.77 million and $11.39 million, respectively. Notably, the historical total net outflow of ETHE has reached $4.24 billion, while FETH still maintains a historical net inflow of $1.36 billion.
As of the time of writing, the total net asset value of the Ethereum Spot ETF remains at $5.27 billion, accounting for 2.76% of the total market value of Ethereum, with a historical cumulative net inflow maintained at $2.24 billion level.