Ethereum ETF Meets Expectations Will Ether Rise Next

ETH ETF Flow Analysis
The inflow of ETH ETF looks quite good, with the latest net outflow at $97.9 million ($ETHA inflow $58.6 million not yet updated in the table)


Footnote:
The table lists different investment institutions or products, including Blackrock, Fidelity, Bitwise, 21Shares, VanEck, Invesco, Franklin, and two Grayscale products.
The second row shows the code for each product, such as ETHA, FETH, ETHW, etc.
The third row displays the management fees for each product, ranging from 0.15% to 2.50%.
The fourth row indicates the initial capital or seed capital, with values ranging from 1.1 to 10,255.
The following are daily data from July 23rd to July 29th, which may represent fund inflows or outflows.
It is worth noting that the Grayscale ETHE product seems to have experienced significant outflows, with negative values almost every day, totaling -1,723.5.
In contrast, other products like Blackrock’s ETHA and Fidelity’s FETH show positive fund inflows during this period.
July 29th (last row) is highlighted in green, possibly indicating the latest data or a day of special interest.
Overall, despite some products experiencing fund inflows, there seems to be a net outflow during this period, totaling -498.3.
The outflow of $ETHE is starting to slow down, with a net outflow of $210 million.
From an initial assets under management (AUM) of $9.2 billion, the total outflow is 19.8%.
The current assets held by $ETHE should be close to $7.4 billion.


Since the start of $ETH ETF, we have seen a 5% drop from the initial price of $3,490, with a total net outflow of $440 million.
The chart of ETH to BTC seems to have bottomed out, with $ETH recovering from its recent drop after Trump’s speech about BTC.


Personal Thoughts
Given that the initial outflow of $ETHE is faster than $GBTC, we expect the outflow to start slowing down in the next two weeks.
We anticipate that the outflow of $ETHE will stabilize around 40-50% of the initial $9.2 billion assets under management, approximately $45 billion to $50 billion.
As investors notice the slowing outflow of $ETHE, an increase in inflows can be expected.
Overall, it feels like a good time to set up buy orders for $ETH, as it is expected to gradually strengthen over the next two weeks.
Again, this is not financial advice.
Personally, I will increase my bullish position on $ETH and closely monitor ETF liquidity.
This article is a collaborative reprint from:
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