Grayscale’s ETHE Records Zero Net Flows as Ether ETFs Gain $87 Million

U.S. spot Ether ETFs recorded their sixth consecutive day of net inflows on September 25, 2026. They added nearly $87 million that day.

Grayscale’s Ethereum Staking ETF (ETHE) reported zero net inflows or outflows. Since its launch, the fund has recorded $5.41 billion in cumulative net outflows.

By contrast, competing funds from issuers including BlackRock and Fidelity have attracted billions of dollars in cumulative inflows, highlighting the competitive pressure on Grayscale in the spot Ethereum ETF market.