For the week of September 16-20, 2024, U.S. Ethereum ETFs saw a significant net outflow, losing a total of 21,300 ETH. This brought the total Ethereum holdings across all ETFs to 2,722,274 ETH, valued at approximately $7.04 billion.

Grayscale’s ETHE ETF was the main contributor to the outflow, losing 32,416 ETH, bringing its holdings to 1,717,843 ETH. On the positive side, Grayscale’s ETH ETF gained 2,186 ETH, bringing its total to 378,889 ETH. BlackRock’s ETHA ETF showed the largest inflow, adding 7,575 ETH, increasing its holdings to 347,548 ETH.

Bitwise’s ETHW ETF also contributed to the inflows, adding 1,219 ETH and bringing its total to 97,283 ETH. Invesco Galaxy’s QETH ETF gained a modest 136 ETH, bringing its holdings to 5,181 ETH. Other ETFs, such as Fidelity’s FETH, Franklin Templeton’s EZET, and VanEck’s ETHV, saw no changes in their Ethereum holdings.

Despite some positive inflows, the overall net outflow of 21,300 ETH resulted in a value loss of $55.1 million for the week, reflecting cautious investor sentiment in Ethereum-backed products.

Disclaimer: Market capitalizations and data can vary in real-time. The information provided here is intended purely for educational purposes and should not, under any circumstances, be construed as financial advice.

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