Ethereum ETF Flows Today
+$4.4M net inflow on Fri 23 Oct · 5.64M ETH held by US spot ETFs
Daily Ethereum ETF flows summary
US spot Ethereum ETFs saw a net inflow of $4.4 million on , led by Total (+$4.4M) and FETH (+$3.6M). That makes −$220.7M over 7 days and +$12.68B since launch in July 2024.
Ethereum ETF net flows
Daily net creations (green) and redemptions (red), with the ETH price
Ethereum ETF flows by fund
Net flow per fund in US$ millions, last 10 trading days
| Date |  ETHA |  ETH | ETHE |  FETH | ETHB |  ETHW |  ETHV |  EZET |  QETH |  TETH | CETH | Total | Total | ETH close |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fri 23 Oct | 0 | 0 | 0 | +3.6 | – | 0 | – | 0 | 0 | 0 | 0 | +4.4 | +4.4 | $2,387 |
| Thu 22 Oct | −75.5 | −10.7 | −9.6 | +2.4 | – | 0 | 0 | 0 | 0 | 0 | 0 | −110.6 | −110.6 | $2,388 |
| Wed 21 Oct | −29.3 | +28.1 | 0 | +13.0 | – | +0.9 | 0 | +0.9 | 0 | 0 | 0 | +14.9 | +14.9 | $2,473 |
| Tue 20 Oct | −33.0 | +3.3 | 0 | +3.6 | – | 0 | 0 | 0 | 0 | 0 | 0 | −26.1 | −26.1 | $2,448 |
| Mon 19 Oct | −95.4 | 0 | −1.9 | −6.0 | – | 0 | 0 | 0 | 0 | 0 | 0 | −103.3 | −103.3 | $2,407 |
| Fri 16 Oct | −69.7 | 0 | 0 | 0 | – | 0 | 0 | 0 | 0 | 0 | 0 | −69.7 | −69.7 | $2,422 |
| Thu 15 Oct | −44.4 | 0 | −18.3 | +2.4 | – | 0 | 0 | 0 | 0 | 0 | 0 | −60.3 | −60.3 | $2,441 |
| Wed 14 Oct | −109.8 | −18.8 | 0 | 0 | – | 0 | 0 | −0.9 | 0 | 0 | 0 | −129.5 | −129.5 | $2,421 |
| Tue 13 Oct | 0 | +16.7 | 0 | +8.1 | – | 0 | 0 | 0 | 0 | 0 | 0 | +24.8 | +24.8 | $2,497 |
| Mon 12 Oct | −75.1 | −10.3 | 0 | 0 | – | 0 | 0 | 0 | 0 | 0 | 0 | −85.4 | −85.4 | $2,446 |
| 10-day total | −532.2 | +8.3 | −29.8 | +27.1 | 0 | +0.9 | 0 | 0 | 0 | 0 | 0 | −540.8 | −540.8 |
All US Ethereum ETFs compared
Fees, assets, ETH held and premium to NAV · sort any column
| # | Fund | Type | Fee | Price | Premium | Volume | AUM | ETH held | Share | ETH 7d | Launched |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | ETHAiShares Ethereum Trust | Spot | 0.25% | NAV$18.52 | – | $93.4M | $8.61B | est.3,281,598 | 57.9% | −95,812 | Jun 2024 |
| 2 | ETHGrayscale Ethereum Mini Trust | Spot | 0.15% | $22.83 +0.40% | – | $29.3M | $2.20B | est.915,313 | 16.2% | +8,524 | Jul 2024 |
| 3 | ETHEGrayscale Ethereum Trust | Spot | 2.50% | $19.18 +0.37% | – | $24.5M | $1.83B | est.683,040 | 12.1% | −4,671 | Dec 2017 |
| 4 | FETHFidelity Ethereum Fund | Spot | 0.25% | $23.81 +0.29% | – | $38.3M | $1.37B | est.576,862 | 10.2% | +6,794 | Jul 2024 |
| 5 | ETHBiShares Staked Ethereum Trust | Spot | – | $30.78 +0.39% | – | $14.1M | $666.1M | – | –0.0% | – | Feb 2026 |
| 6 | ETHWBitwise Ethereum ETF | Spot | 0.20% | $17.11 +0.53% | −0.07% | $2.8M | $261.7M | 109,319 | 1.9% | +357 | Jul 2024 |
| 7 | ETHVVanEck Ethereum ETF | Spot | 0.20% | $34.94 +0.32% | −0.09% | $142K | $108.4M | 45,282 | 0.8% | −2 | Jun 2024 |
| 8 |  EETHProShares Ether ETF | Futures | – | $28.71 +0.10% | – | $4.9M | $68.2M | 27,184* | 0.5% | – | Oct 2023 |
| 9 | EZETFranklin Ethereum ETF | Spot | 0.19% | $18.10 +0.22% | −0.17% | $378K | $48.1M | 20,125 | 0.4% | +710 | Jul 2024 |
| 10 | QETHInvesco Galaxy Ethereum ETF | Spot | 0.25% | $23.76 +0.21% | – | $1.0M | $27.6M | est.8,622 | 0.2% | 0 | Jul 2024 |
est. = last published holdings (ETHA 4 Sep, ETH 4 Sep, ETHE 4 Sep, FETH 4 Sep, QETH 4 Sep) plus net flows since, at each day’s ETH price; premium hidden until the fund publishes again. * Holdings as of EETH 4 Sep. Holdings and premiums come from fund filings.
Net flows since launch by fund
Cumulative net flows per fund since launch · total +$11.92B
- ETHABlackRock+$12.28B−$1.99B
- FETHFidelity+$2.36B−$319.5M
- ETHGrayscale+$2.03B+$551.5M
- ETHWBitwise+$441.6M−$22.6M
- ETHVVanEck+$144.6M−$52.1M
- EZETFranklin Templeton+$64.7M−$5.2M
- TETH21Shares+$37.2M+$14.4M
- QETHInvesco Galaxy+$31.9M+$1.3M
- CETH$0$0
- ETHEGrayscale−$5.47B−$800.0M
What are Ethereum ETF flows?
A Ethereum ETF issues and cancels shares to match demand. When investors buy more shares than they sell, an authorised participant asks the fund to create new ones and delivers cash or ETH for them; the fund then holds that much more Ethereum. When selling wins, shares are redeemed and the fund releases or sells ETH. The day’s net flow is creations minus redemptions, valued in US dollars.
Flows are different from trading volume. Most ETF trading is investors swapping shares with each other on the exchange, which moves no Ethereum at all. Only creations and redemptions change what the fund holds, which is why flows, not volume, are watched as the measure of real demand.
How to read the flow data
- Direction and streaks. One day says little. A run of inflow days, shown in the stat strip, signals steady buying; a run of outflows, steady selling.
- Size against the trend. Compare a day with the 7 and 30-day totals and the chart’s range stats. A $500 million day is large in a quiet month and routine in a strong one.
- Which funds. The daily table shows whether a move is broad or one fund. Outflows from a high-fee fund matched by inflows to a cheaper one are investors switching, not leaving.
- Against the price. The chart overlays the ETH price. Inflows that keep coming while the price falls show dip buying; outflows during a rally show profit taking.
- Holdings, not just dollars. Dollar flows move with the price. The ETH held per fund and its 7-day change show how many coins actually came in or left.
Staking in Ethereum ETFs
Unlike bitcoin, ether can be staked: locked up to help secure the network in return for rewards of a few percent a year. The first spot Ethereum ETFs held their ether unstaked. Grayscale switched staking on for ETHE and ETH in October 2025, and later funds such as iShares’ ETHB launched to stake from day one. A staking fund can earn more than its fee, but staked ether takes time to unlock, so it holds some unstaked to meet redemptions, and it carries validator risk.
Spot vs futures Ethereum ETFs
Spot ETFs hold ether itself through a custodian, so their value tracks the ETH price minus the fee (plus any staking rewards). Every fund in the daily flows table is a spot ETF. Futures ETFs such as ProShares’ EETH hold CME ether futures instead. They roll contracts each month, and when later futures cost more than spot that roll cost makes them trail ether over time. They are listed in the comparison table for completeness.
Ethereum ETF fees compared
Most spot Ethereum ETFs charge between 0.14% and 0.25% a year, taken from the fund’s assets day by day. The exception is Grayscale’s ETHE at 2.5%: Grayscale launched the cheaper Mini Trust (ETH) at 0.15% beside it. The fees panel above ranks every fund and marks the asset-weighted average; at the same fee, size and trading volume decide how tight the spread is when you buy or sell.
Why ETHE lost assets
ETHE began as a private trust in 2017 and converted into an ETF when spot Ethereum ETFs launched, keeping a 2.5% fee, ten times what most rivals charge. Holders who had been locked in could finally redeem, and many moved to cheaper funds, which is why ETHE shows the largest cumulative outflow on this page.
A short history of US Ethereum ETFs
- October 2023. The first ether futures ETFs list in the US, ProShares’ EETH among them.
- 23 May 2024. The SEC approves the exchange rule changes for spot Ethereum ETFs.
- 23 July 2024. Spot Ethereum ETFs start trading; Grayscale converts ETHE and launches the Ethereum Mini Trust (ETH).
- July 2025. The SEC allows in-kind creations and redemptions, so authorised participants can deliver ETH instead of cash.
- October 2025. Grayscale’s ETHE and ETH become the first US spot Ethereum ETFs to stake.
- 2026. Staking-first funds arrive, including iShares’ ETHB (February) and the Morgan Stanley Ethereum Trust (MSSE, July).
iShares Ethereum Trust (ETHA) is now the largest of them, with $8.61B in assets.
Where the data comes from
Daily flows are each fund’s change in shares outstanding valued at its net asset value, from issuer disclosures; holdings, assets and premiums come from the funds’ daily files, and prices and volume from US exchange data. Figures update every few minutes during US hours and fill in after the close as issuers report. When a fund’s published holdings are more than ten days old, the table estimates them from its last filing plus the net flows since, at each day’s ETH price, and marks the figure “est.”.
Ethereum ETF FAQ
Live answers use the latest reported day · updated
What were Ethereum ETF flows today?
The latest reported day, Fri 23 Oct 2026, saw a net inflow of $4.4M across US spot Ethereum ETFs (inflow day). Net flows were −$220.7M over 7 days and −$1.07B over 30 days. Funds report after the US close, so a day’s figures fill in during the evening and the next morning.
How much Ethereum do ETFs hold?
US spot Ethereum ETFs hold about 5.64M ETH, 4.67% of the ~120.7 million ETH in circulation. ETHA alone holds 3.28M ETH. Together the funds manage $15.18B.
What is the largest Ethereum ETF?
iShares Ethereum Trust (ETHA), from BlackRock, is the largest Ethereum ETF with $8.61B in assets, about 57% of the total. ETH ($2.20B) and ETHE ($1.83B) follow.
Which Ethereum ETF has the lowest fee?
Grayscale Ethereum Mini Trust (ETH) has the lowest listed fee at 0.15% a year. Most spot funds charge 0.20% to 0.25%; ETHE is the most expensive at 2.50%.
What is a spot Ethereum ETF?
A spot Ethereum ETF is an exchange-traded fund that holds ether (ETH) itself and tracks its price. You buy and sell its shares in a brokerage account like any stock, and the fund’s custodian holds the coins, so there are no wallets or private keys to manage. Spot Ethereum ETFs started trading in the US on 23 July 2024.
What do Ethereum ETF inflows and outflows mean?
An inflow means investors bought more ETF shares than they sold, so new shares were created and the fund took in cash or ETH to back them. An outflow means shares were redeemed and the fund released ETH or sold it. Net flow is a fund’s creations minus redemptions for the day, in US dollars, and is the clearest daily read on institutional demand.
When are Ethereum ETF flows reported?
Each issuer publishes its shares outstanding and holdings after the US market closes at 4pm New York time. Most funds report the same evening; a few post the next morning, so the latest day can show as pending for a while. The table on this page fills in fund by fund as reports arrive.
Do ETF flows move the Ethereum price?
They can. Large creations mean real ETH is bought for the funds, and long streaks of inflows have lined up with strong rallies. The link is loose day to day: flows often follow price rather than lead it, and derivatives markets move Ethereum far more within the day. Read flows together with funding rates and open interest. Not investment advice.
Do Ethereum ETFs pay staking rewards?
Some do. Grayscale’s ETHE and ETH became the first US spot Ethereum ETFs to stake part of their ether in October 2025, and newer funds such as BlackRock’s iShares Staked Ethereum Trust (ETHB) were built around staking. A staking fund earns network rewards on the ether it stakes, which can offset its fee, but it adds validator and liquidity risk. Check each fund’s prospectus for how much it stakes and how rewards are paid.
How many Ethereum ETFs are there in the US?
This page tracks 12 US spot Ethereum ETFs that report daily flows, from BlackRock, Fidelity, Grayscale, Bitwise, 21Shares, VanEck, Franklin Templeton, Invesco Galaxy and Morgan Stanley, plus the ProShares futures-based ETF (EETH), which holds ether futures rather than ether.
Is a Ethereum ETF better than buying Ethereum?
It depends on what you need. An ETF fits a brokerage or retirement account, needs no wallet and is covered by securities rules, but it charges a yearly fee, trades only in US market hours and can’t be withdrawn as ETH. Holding ETH directly costs nothing to keep, trades around the clock and is yours to move, but you are responsible for keeping it safe.
Related Ethereum data
Flows, holdings and prices come from issuer disclosures and US market data; the latest day fills in as funds report after the close. Not financial advice. Where the data comes from