Ethereum spot ETFs saw $10.26 million in net inflows on February 13, breaking a two-day outflow streak that saw $242.28 million in redemptions.
Summary
- Ethereum ETFs added $10 million as the ETH price recovered $2,000.
- Bitcoin ETFs saw modest inflows of $15 million following earlier outflows.
- Weekly ETH ETF flows remain negative despite the rebound.
Grayscale’s ETH mini trust dominated flows with $14.51 million, followed by VanEck’s ETHV with $3.00 million and Fidelity’s FETH with $2.04 million.
Ethereum (ETH) price gained 5.8% over 24 hours to regain the $2,000 level, trading in a range of $1,926.66 to $2,067.44.
The recovery follows sharp declines over longer periods: down 1.2% over seven days, 23.7% over 14 days, 37.5% over 30 days and 24.4% over a year.
Ethereum Weekly Outflows Persist at $161 Million
Ethereum ETFs saw $161.15 million in weekly net outflows for the period ending February 13 despite the final day’s positive flow.
February 11 saw the largest single-day withdrawal of the week at $129.18 million, followed by February 12’s $113.10 million in redemptions.
February 9 and 10 briefly interrupted sales with $70.87 million in combined admissions. February 9 saw $57.05 million in positive flows while February 10 added $13.82 million.
The week ending February 6 saw $165.82 million in outflows, while the week ending January 30 saw $326.93 million in redemptions.
The week ending January 23 marked the peak with $611.17 million in withdrawals as Ethereum fell from over $3,000 to under $2,000.
The total trading value reached $1.10 billion on February 13, up from $880.33 million the day before.
Bitcoin Sees Modest $15 Million Inflow With Mixed Fund Flows
Bitcoin spot ETFs saw $15.20 million in net inflows on February 13, led by Fidelity’s FBTC with $11.99 million.
Grayscale’s BTC mini trust added $6.99 million, while VanEck’s HODL contributed $1.95 million and WisdomTree’s BTCW posted $3.64 million.
BlackRock’s IBIT recorded $9.36 million in outflows, marking its third withdrawal in four trading days.
On February 11 and 12, Bitcoin ETFs saw combined outflows of $686.67 million before the February 13 reversal.
Ethereum’s 5.8% daily gain allowed it to reclaim the $2,000 level after falling below $1,930 earlier in the session.
