Spot Ethereum (ETH) Exchange-Traded Funds (ETFs) recorded a line of 14 session of net intake from 5 June, fed by investment advisers and hedge fund managers.
According to Bloomberg Data shared By ETF Store CEO Nate Geraci, Ethereum ETFs since 20 May, around $ 812 has added. This movement resulted in a total net intake of more than $ 3 billion for the first time, according to Farside Investors’ factson May 30.
Acceleration of the question
The uninterrupted inflow began with the session on May 16, when the price of ETH was stuck between $ 2,650 and $ 2,500.
In the meantime, May 22 marked the inflow record during the period, with $ 110.5 million added to spot ETFs ETFs. This was the most important inflow with one day since 4 February.
Blackrock’s Ishares Ethereum Trust (ETHA) remains the current leader with almost $ 576 million in inflow, with 71% of the total of two weeks. Moreover, Etha is the absolute leader in cumulative network flows, which surpasses $ 4.8 billion.
Fidelity’s Wise Origin Ether Fund (Feth) followed in the past 14 days with around $ 123 million. Feth is the second largest ETHEEM ETF due to inflow, but the cumulative $ 1.5 billion in net streams fades compared to ETHA.
The smallest Ethereum ETF by cumulative inflow is 21Shares’ Ceth, which has collected $ 19.5 million since the launch on July 23, 2024.
It is interesting that, despite the Ethe of Grayscale, who registered almost negative $ 4.3 billion in cumulative net streams, the Ethereum mini Trust of the issuer conquered $ 688 million.
Institutional interest rate exceeds $ 1B
In addition, Bloomberg ETF analyst James Seyffart shared data about 4 June emphasize Those investment advisers explain the largest share of exposure to the indicated spot ETF ETF.
These entities jointly have around $ 582.4 million in shares based on 13-F archives for the first quarter. Hedgefonds managers followed by around $ 244.7 million, while brokers declared an exposure to $ 159.3 million.
In the meantime, Private Equity companies reported a combined exposure of $ 39.8 million, while Holdings and Trusts reported $ 17.2 million and $ 11.4 million respectively.
PEnsion funds, banks and family agencies/trusts have contributed to smaller allocations of $ 7 million, $ 5.7 million and $ 1.16 million respectively. Reported positions exceeded in all categories $ 1 billion.