Spot Ether ETFs in the U.S. Shed $401 Million in March as Price Drop Deepened

From Yahoo Finance: 2025-03-24 09:53:00

In March, U.S. exchange-traded funds tied to ether (ETH) experienced $401 million in net outflows, erasing gains from earlier months. Data from SoSoValue shows that this accounts for nearly 6% of the total $6.77 billion in assets held by spot ether ETFs. Only one day, March 4, saw positive inflows of $14.58 million, compared to January and February.

Spot bitcoin ETFs have also seen withdrawals, totaling $893 million in net outflows this month, representing about 0.9% of the $94.35 billion in assets under management. Despite this, bitcoin funds remain net positive for the year after bringing in $5.25 billion in January.

The recent market performance reflects the contrast between ether and bitcoin. Since March 1, ether has dropped around 8.5%, while bitcoin has gained over 3%. Year-to-date, ether has fallen over 37% to around $2,080, while bitcoin has seen a 7.5% decline to about $87,300. The CoinDesk 20 Index also fell 21% in the same period.

Ether ETFs have seen a net inflow of $2.42 billion since their launch, but this is significantly lower than the $36.05 billion drawn in by bitcoin counterparts. This emphasizes the difference in investor interest between the two assets.



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