Ethereum spot ETFs end the month with $286M net inflow
September was contrasting flows: record weekly outflows at the start and near the end of the month were offset by two weeks of solid inflows and a late‑month reversal. Based on SoSoValue data, the aggregate monthly result totaled +$285.74M, with weekly trading volumes reaching $10B+.
Weekly flows this month:
- Sep 1–5: -$787.7M – the worst week since launch, with pressure intensifying into Friday.
- Sep 8–14: +$637.8M – inflows led by Fidelity FETH (approximately +$381M for the week).
- Sep 15–21: +$556.9M – steady inflows; BlackRock ETHA and Invesco Galaxy QETH contributed positively (including ~+$2.7M for QETH during the week).
- Sep 22–26: -$795.6M – a new monthly low; the largest single‑day outflows were Fidelity FETH -$158M (Sep 25) and BlackRock ETHA -$200M (Sep 26); Grayscale ETHE -$30.3M (Sep 25) also stood out.
Late‑month reversal: The final days of September brought a sharp turn. On Sep 29, inflows accelerated, led by Fidelity FETH +$202M and BlackRock ETHA +$154M.
AUM & market context: ETH‑ETF AUM totaled about $27.5B by month‑end, while combined ETF holdings representing roughly 5.4-5.5% of ETH’s market cap.
September closed with nearly $286M net inflow – the outcome of two record outflow weeks offset by strong second‑ and third‑week inflows, plus the late‑month reversal. Overall, the monthly balance remained positive.
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