Key Highlights
- Ethereum ETPs draw steady investor interest, with $11.5B in cumulative inflows and daily gains around 1%, showing confidence in ETH.
- Bitcoin ETPs see strong demand, adding $88M in a day, with total assets at $85.3B, highlighting ongoing investor momentum in BTC.
- Solana ETPs grow steadily, while new staked ETFs from BlackRock and Canary let investors earn rewards in exchange-traded structures.
Ethereum exchange-traded products (ETPs) are continuing to attract steady investor attention despite mixed daily flows, according to SoSoValue data as of February 20. Daily net inflows across Ethereum-related products reached $17,210, while cumulative inflows surged to $11.52 billion.
Data shows total trading across these products recently hit $767 million, with net assets reaching $11.14 billion—about 4.7% of Ethereum’s total market value. On NASDAQ, the largest Ethereum ETP, ETHA, holds $6.21 billion in assets. It added $1.78 million in a single day, and its market price nudged up 1.15% to $14.89.
Meanwhile, Grayscale’s ETHE on the NYSE has seen a total outflow of $5.19 billion but still gained 1.2% in a single day. Grayscale’s other Ethereum product continues to attract investors, with $1.70 billion in total inflows and $1.58 billion in net assets.
Fidelity’s FETH experienced a small daily outflow of $2.45 million, although overall investor interest is strong with $2.47 billion in cumulative inflows. Bitwise’s ETHW product is also growing steadily, with total inflows now close to $387 million.
The daily price appreciation of all Ethereum ETPs is currently between 1% and 1.2%, indicating that investors are confident in Ethereum’s long-term prospects.
Bitcoin ETPs maintain strong momentum
Bitcoin investment products, on the other hand, saw strong demand, with $88 million flowing in across major ETPs in a single day. So far this year, total inflows have reached $54 billion, pushing total assets under management to $85.3 billion—about 6.3% of Bitcoin’s market value.
BlackRock’s iShares Bitcoin Trust (IBIT) led the way, adding $64.5 million in a day and holding $51.2 billion in total assets. Fidelity’s FBTC also saw healthy inflows of $23.6 million. Grayscale’s GBTC hasn’t added new funds recently, keeping cumulative outflows at $26 billion, but it still manages $10.5 billion in assets.
Other players, such as Bitwise’s BITB and Ark & 21Shares’ ARKB, added to their holdings, bringing their combined total to $3.55 billion. Overall, trading across Bitcoin ETPs remains lively, with $3.7 billion changing hands recently, showing investors are actively betting on Bitcoin.
Solana and new staked ETFs
Solana investment products attracted steady interest, even though daily trading is still modest. Net inflows reached $3.78 million, bringing total inflows so far close to $890 million. Bitwise took the lead, managing nearly $500 million in assets. Other Solana products from Grayscale, Fidelity, and smaller providers continue to hold their positions, though they’ve seen only limited new investment recently.
Also notable lately, BlackRock updated its filing for the proposed iShares Staked Ethereum Trust, revealing an 18% staking fee, with the possibility of waiving some sponsor fees.
Meanwhile, Canary Capital launched its U.S.-listed Canary Staked SUI ETF (SUIS) on NASDAQ, letting investors earn staking rewards while tracking SUI’s spot price. CEO Steven McClurg said, “The Canary Staked SUI spot ETF brings exposure to SUI in a registered, exchange-traded structure.”
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