FameEX Hot Topics | 9 Ethereum ETFs Hold 2.91 Million ETH

Although data for Thursday’s Ether exchange-traded fund (ETF) performance, concerning inflows and outflows, remains incomplete, it is evident that trade volume was slightly lower than the first two days. The funds currently hold slightly over $9 billion in ether, with about 2.91 million ether secured.

As of July 25, each web portal associated with the nine ETFs displays the fund’s ethereum (ETH) reserve holdings. Post-trading session, the funds update their web portals to reflect current reserves, typically with a one-day lag. Currently, as of July 25, the nine ETFs hold 2,914,894.747 ether, valued at $9.25 billion based on current ETH exchange rates.

Grayscale‘s Ethereum Trust (ETHE) possesses the largest share among the nine ETFs, having launched in 2017 as an over-the-counter (OTC) exchange-traded product (ETP). On July 23, it transitioned into a publicly traded fund. ETHE holds 2,391,684.26 ETH after the first two days of outflows, representing 82.05% of the 2.9 million ETH, now worth $7.59 billion.

Grayscale’s Mini Ethereum Trust (ETH) holds 310,308.07 ether, valued at $985 million, based on data from July 25. Blackrock’s ETHA fund is just below the mini trust, holding 84,850.91 ETH, worth $269 million. Bitwise’s ETHW ranks fourth with 68,155.66 ETH, valued at $216 million. Fidelity’s FETH holds 43,750 ETH ($138 million), while Franklin Templeton’s EZET holds 5,700 ETH ($18 million).

Vaneck’s ETHV commands around 5,125.84 ETH, worth $16.2 million, and 21shares’ CETH fund secures 2,800 ETH, equating to $8.88 million. Lastly, Invesco and Galaxy’s QETH holds 2,520 ETH, valued at just over $8 million. Collectively, the nine ether ETFs hold approximately 2.41% of ether’s $383.47 billion market capitalization.

Disclaimer: The information provided in this section is for informational purposes only, doesn't represent any investment advice or FameEX's official view.