{"id":23274,"date":"2025-04-22T10:49:16","date_gmt":"2025-04-22T07:49:16","guid":{"rendered":"https:\/\/forklog.com\/en\/ethereum-spot-etf-assets-plummet-to-record-low\/"},"modified":"2025-04-22T10:49:16","modified_gmt":"2025-04-22T07:49:16","slug":"ethereum-spot-etf-assets-plummet-to-record-low","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/ethereum-spot-etf-assets-plummet-to-record-low\/","title":{"rendered":"Ethereum Spot ETF Assets Plummet to Record Low"},"content":{"rendered":"

The assets under management (AUM) of exchange-traded funds based on the spot price of Ethereum have shrunk to $5.21 billion, marking the lowest level since the products were registered.<\/p>\n

\"SoSoValue-Advanced-AI-Powered-Crypto-Investment-Research-Platform-1\"
Data: SoSoValue<\/a>.<\/figcaption><\/figure>\n

Over the seven weeks since February 23, ETH-ETFs recorded a cumulative outflow of $1.1 billion. This trend persisted as investors withdrew an additional $25.4 million on April 21, despite the rising cryptocurrency market<\/a>.<\/p>\n

The primary source of negative flows was Grayscale’s ETHE. The fund, converted from a trust, cumulatively lost $4.27 billion thereafter.<\/p>\n

\n

“Investors were likely deterred by its 2.5% management fee compared to BlackRock’s more competitive 0.25% charge,” suggested experts from The Block<\/a>.<\/p>\n<\/blockquote>\n

On April 21, spot Bitcoin ETFs recorded a net inflow of $381.4 million, with the total AUM of these products reaching $97.6 billion.<\/p>\n

\"SoSoValue-Advanced-AI-Powered-Crypto-Investment-Research-Platform-Google-Chrome-8\"
Data: SoSoValue<\/a>.<\/figcaption><\/figure>\n

Experts believe Bitcoin funds are benefiting from the narrative of digital gold<\/a> and growing institutional interest in the asset. The positioning of ETH as a network token is more complex and contributes to investor hesitation.<\/p>\n

Moreover, the U.S. Securities and Exchange Commission has taken a cautious stance on approving staking for Ethereum funds, excluding an attractive yield component.<\/p>\n

The ETH\/BTC pair ratio reached a local low of approximately 0.018, a level last seen in 2019. The chart below shows the steady weakening of the second-largest cryptocurrency’s price relative to the flagship’s quotes.<\/p>\n

\"ETHBTC_2025-04-22_10-25-43\"
Daily ETH\/BTC chart on Bitstamp. Data: TradingView<\/a>.<\/figcaption><\/figure>\n

Analysts at Bitwise have identified the revival of the Bitcoin hard money narrative as one of four catalysts<\/a> for the asset’s rally in the second quarter.<\/p>\n","protected":false},"excerpt":{"rendered":"

The assets under management (AUM) of exchange-traded funds based on the spot price of Ethereum have shrunk to $5.21 billion, marking the lowest level since the products were registered. Data: SoSoValue. Over the seven weeks since February 23, ETH-ETFs recorded a cumulative outflow of $1.1 billion. This trend persisted as investors withdrew an additional $25.4 […]<\/p>\n","protected":false},"author":1,"featured_media":23273,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[569,1145],"class_list":["post-23274","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-etf","tag-market-analysis"],"aioseo_notices":[],"amp_enabled":true,"views":"26","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/23274","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=23274"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/23274\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/23273"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=23274"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=23274"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=23274"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}