Ethereum ETF Performs as Expected Will Ether Rise Next

ETH ETF Flow Analysis
The recent inflow of ETH ETF looks quite good, with a net outflow of $97.9 million ($58.6 million inflow from ETHA not updated in the table).


Notes:
The table lists different investment institutions or products, including Blackrock, Fidelity, Bitwise, 21Shares, VanEck, Invesco, Franklin, and two Grayscale products.
The second row shows the codes for each product, such as ETHA, FETH, ETHW, etc.
The third row represents the management fees for each product, ranging from 0.15% to 2.50%.
The fourth row indicates the initial capital or seed capital, ranging from 1.1 to 10,255.
Next are the daily data from July 23rd to July 29th, which may represent fund inflows or outflows.
It is worth noting that the Grayscale ETHE product seems to have experienced a significant outflow of funds, with almost negative values every day, totaling -1,723.5.
In comparison, other products such as Blackrock’s ETHA and Fidelity’s FETH show positive fund inflows during this period.
July 29th (last row) is highlighted in green, possibly indicating it is the latest data or a day of special importance.
Overall, although some products have seen fund inflows, there seems to be a net outflow during this period, totaling -498.3.
The outflow of ETHE has started to slow down, with a net outflow of $210 million.
From the initial Assets Under Management (AUM) of $9.2 billion, the total outflow is 19.8%.
The current asset holdings of ETHE should be close to $7.4 billion.


Since the launch of ETH ETF, we have witnessed a 5% decline from the initial price of $3,490, with a total net outflow of $440 million.
The chart of ETH to BTC seems to have bottomed out, and ETH has recovered from the recent decline after Trump’s speech about BTC.


Personal Thoughts:
Considering the faster initial outflow of ETHE compared to GBTC, we expect the outflow to start slowing down in the next two weeks.
We anticipate that the outflow of ETHE will stabilize around 40-50% of the initial $9.2 billion AUM, approximately $4.5 billion to $5 billion.
As investors notice the slowing down of outflows from ETHE, we can expect inflows to start increasing.
Overall, there is a feeling that it is a good time to set buy orders for ETH, as it is expected to strengthen in the next two weeks.
Again, this is not financial advice.
Personally, I will increase my ETH long positions and closely monitor ETF liquidity.
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