We’re excited to introduce our public ETH exchange-traded fund (ETF) dashboard, which allows anyone to view the real-time holdings of ETH ETF issuers like Bitwise, VanEck, and Grayscale and the ability to monitor the ETF's real-time inflows and outflows.
We released our ETH ETF dashboard on the day of the ETH ETF launch, taking a building-in-public approach. Not every ETF issuer has made their addresses public, but we are working around the clock to uncover their addresses and provide full coverage, continuously updating our ETF entities.
Understanding the Spot ETH ETF and How It Works
Spot ETFs work by holding the same amount of the asset they represent. This is then divided by the fund into shares that represent the spot price of the asset, like ETH, which can then be traded on a traditional stock exchange for investors to purchase. This allows institutional investors from traditional financial sectors and individual investors contributing to their IRAs or 401(k)s the ability to efficiently invest in ETH without having to worry about custody.
What makes this particularly interesting is that, unlike other ETFs, the asset lives onchain, meaning that once funds have been identified by Nansen or another onchain data platform, anyone can track and monitor the level of interest in the ETH ETF and verify the holdings of issuers.
How to track the inflow and outflow into the Spot ETH ETF?
Our ETH ETFs Flow dashboard provides an aggregated view of the inflows and outflows into the various ETH ETFs, and also shows the collective amount of ETH under management by these funds.
What you can also do is create a Smart Alert. Smart Alerts will allow you to proactively stay updated with ETF movements based on conditions you set for Telegram, Discord or Slack. When creating a Smart Alert for our ETH ETF dashboard, we have created a template with prefilled criteria to make it as easy as possible.
Where to monitor the balances of different ETH ETFs?
Beyond the ability to track the inflow and outflow into the Spot ETH ETF, you can also dive into the amount of ETH locked into ETFs per fund, like Blackrock of VanEck, and this has changed over time.
You can also dive deeper into a specific fund included here, like VanEck, where you can gain deep insights for all the wallets bundled within that entity.
Not every ETF issuer has made their address public, but we are working hard to discover them. Some entities use custodians, which is why you may see wallets tagged under names like Coinbase Prime.
Where can I see the historical balances of the ETH ETF?
In the future, after the ETH ETF has been live for some time, we will include historical data of ETH held by the various funds and a visualization that displays where ETH is allocated across the networks supported in Nansen and where that ETH is deposited, like being locked in an ETF or on a Centralized Exchange.
Dive into the ETH ETF today
Nansen is the leading onchain data provider, labeling over 350M onchain wallets, giving traders and investors an edge. Our ETH ETF dashboard leverages our best-in-class expertise to give you leading insights to understand everything you need to know with the ETF.
If there’s something missing from our dashboard that you would like to see, please email us at support@nansen.ai.
TRACK THE ETH ETF FOR FREE ON NANSEN
