The nine-spot ethereum ETFs had a quiet last day of trading as the year 2024 wound up yesterday.
The Ether ETFs pulled in only $36 million recording inflows in two funds and Outflows in just one.
The inflow follows a net outflow of $55 million on the penultimate day of the year.
Blackrock ETHA, the largest Ethereum ETF by inflow has recorded no transaction in two days in a row.
Farside Investors UK revealed that Fidelity’s FETH led the inflow for the day pulling in $31.8 million.
The second and the final inflow for the day was recorded by Grayscale’s ETH which lost $9.8 million.
The only outflow for the day was recorded by Grayscale’s ETHE which lost $5.6 million during trading hours.
The remaining six ethereum funds recorded no transaction for the day.
The cumulative total net inflow of $2.66 billion with a Total traded value of $313 million per Sosovalue Data.
Ethereum Price Analysis
Ethereum is currently exchanging hands for $3,345 dropping by 0.2% in the last 24 hours. The crypto asset is down by 3.5% on a seven-day scale and didn’t record any significant surge throughout the Christmas break.
Ethereum remains the second largest crypto asset with a blockchain that plays host to various crypto projects and LI solutions.
