The nine Spot Ethereum ETFs ended last week, recording no single transaction for the day. The Ethereum ETFs had a net inflow and outflow of Zero, indicating no single transaction in all ETF products.
The Zero Inflow day is the first occurrence in 2025 and represents the peak of poor investor activity on the Ethereum ETFs.
The Ethereum ETFs have witnessed low-income days recently, pulling in only $10.71 million and $18.1 million in the days leading up to Friday.
Ethereum ETFs have largely underperformed since its launch in July last year.
Analysts peg the challenge with the Ethereum ETF on the complexity of the Ethereum Ecosystem and its steep learning curve for investors.
Bitwise CIO Matt Hougan Predicted that the Ethereum ETFs would generate $15 billion in inflows in their first 18 months. However, the ETFs are still far from this target, and it took them a month to reach $2 billion in inflows after launch.
SEC Extends Review for Ethereum ETFs Options
The U.S. Securities and Exchange Commission (SEC) announced that it has extended its review period for Ethereum (ETH) exchange-traded fund (ETF) options until April 9, 2025. This decision affects proposals from Bitwise, Grayscale, and BlackRock.
The SEC’s extension indicates a cautious approach to approving options trading for Ethereum ETFs, reflecting the regulatory complexities involved.
At the time of the report, Ethereum was trading for $2,646, having dropped by 0.7% in the last 24 hours.
