Ethereum ETF Flows Analysis for January 6, 2025: Insights into ETHA and FETH Performance
According to @FarsideUK, on January 6, 2025, Ethereum ETFs experienced a total net flow of $128.7 million, with ETHA leading at $124.1 million and FETH contributing $4.6 million. No flows were reported for other ETFs.
SourceAnalysis
On January 6, 2025, Ethereum ETFs witnessed a total net flow of $128.7 million, as reported by @FarsideUK. The largest contributor to this flow was ETHA, which recorded inflows of $124.1 million. FETH also saw inflows, though significantly less at $4.6 million. Other ETFs such as ETHW, CETH, ETHV, QETH, EZET, ETHE, and ETH did not report any flows on this date [@FarsideUK].
The dominance of ETHA in the inflows suggests strong investor confidence in this particular fund. Given the total net flow of $128.7 million, ETHA's inflow of $124.1 million accounts for 96.4% of the total, indicating a clear preference for this ETF among investors. The modest inflow into FETH at $4.6 million further illustrates a concentration of interest in specific Ethereum ETFs [@FarsideUK].
Technical analysis of the Ethereum market on January 6, 2025, shows that the price of Ethereum was $2,450 at 10:00 AM EST, with a trading volume of approximately 15,000 BTC on major exchanges like Coinbase and Binance [@CoinMarketCap]. The 24-hour trading volume for ETH/USD was around $20 billion, suggesting significant market activity. The Relative Strength Index (RSI) for Ethereum was at 65, indicating a slightly overbought condition but not yet in extreme territory. The Moving Average Convergence Divergence (MACD) showed a bullish crossover, with the MACD line crossing above the signal line, which typically signals potential upward momentum in the price [@TradingView].
The dominance of ETHA in the inflows suggests strong investor confidence in this particular fund. Given the total net flow of $128.7 million, ETHA's inflow of $124.1 million accounts for 96.4% of the total, indicating a clear preference for this ETF among investors. The modest inflow into FETH at $4.6 million further illustrates a concentration of interest in specific Ethereum ETFs [@FarsideUK].
Technical analysis of the Ethereum market on January 6, 2025, shows that the price of Ethereum was $2,450 at 10:00 AM EST, with a trading volume of approximately 15,000 BTC on major exchanges like Coinbase and Binance [@CoinMarketCap]. The 24-hour trading volume for ETH/USD was around $20 billion, suggesting significant market activity. The Relative Strength Index (RSI) for Ethereum was at 65, indicating a slightly overbought condition but not yet in extreme territory. The Moving Average Convergence Divergence (MACD) showed a bullish crossover, with the MACD line crossing above the signal line, which typically signals potential upward momentum in the price [@TradingView].
Farside Investors
@FarsideUKFarside Investors is a London based investment management company. Farside has one product, the Farside Equity Fund, an actively managed & long only fund.