$10.36 Billion ETH ETF, 98.7% from Existing Assets
By: www.tokenpost.kr|2026/08/29 07:26:56
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Prefer us on GoogleThe U.S. spot Ethereum (ETH) ETF launched with a seed of $10.36 billion, but 98.7% of this amount came from the conversion of existing trust assets. The primary reason for this is that Grayscale's existing Ethereum trust assets were moved to an exchange-traded product structure. The Grayscale Ethereum Trust (ETHE) began trading on the NYSE Arca on July 23, 2024, and on the same day, transferred 292,262.98913350 ETH to the Grayscale Ethereum Mini Trust (ETH). The value of this transfer was $1.01 billion. The assets under management for ETHE were reported to be $9.19 billion, while the ETH assets under management were $1.02 billion. Of the initial seed capital, $9.199 billion was classified as ETHE conversion, and $1.023 billion as ETH conversion. The initial seed capital from other issuers was only $138.5 million. The trading volume on the first day of the ETF launch was reported to be $1.07 billion, but this figure reflects trading volume rather than new capital inflow, which differs from actual new demand. The cumulative net inflow for the Ethereum ETF was recorded at $12.868 billion as of August 27, 2026.
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