Ethereum spot ETFs experienced a net outflow of $166 million during the trading week from February 2nd to February 6th, marking the third consecutive week of outflows. BlackRock's ETF ETHA led the decline with a net outflow of $152 million, despite its total historical net inflow standing at $12.09 billion. Fidelity's ETF FETH followed with a $59.89 million outflow, contributing to its total historical net inflow of $2.51 billion.
Conversely, Grayscale's Ethereum Mini Trust ETH recorded the largest net inflow among Ethereum spot ETFs, with $32.97 million added last week, bringing its total historical net inflow to $1.66 billion. As of now, the total net asset value of Ethereum spot ETFs is $11.97 billion, with an ETF net asset ratio of 4.83% relative to Ethereum's total market value, and a cumulative net inflow of $11.81 billion.
Ethereum Spot ETFs See $166M Net Outflow, Marking Third Consecutive Week of Declines
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