Ethereum ETFs see fourth day of inflows, led by BlackRock's fund, showing strong institutional interest.
U.S.-listed spot Ethereum ETFs have recorded net inflows for four consecutive days, driven entirely by BlackRock's iShares Ethereum Trust (ETHA). On July 7, ETHA alone attracted $26.93 million in net inflows, marking a 30% increase from the previous day and highlighting sustained institutional demand despite broader crypto market volatility. Total assets in U.S. spot Ethereum ETFs now stand at about $9.53 billion, with ETHA as the dominant fund holding nearly $4.93 billion. This trend suggests that spot Ethereum ETFs are increasingly viewed as strategic investments alongside Bitcoin products, with market watchers keen to see if inflows will expand beyond the largest issuer.
U.S.-listed spot Ethereum ETFs have recorded net inflows for four consecutive days, driven entirely by BlackRock's iShares Ethereum Trust (ETHA). On July 7, ETHA alone attracted $26.93 million in net inflows, marking a 30% increase from the previous day and highlighting sustained institutional demand despite broader crypto market volatility. Total assets in U.S. spot Ethereum ETFs now stand at about $9.53 billion, with ETHA as the dominant fund holding nearly $4.93 billion. This trend suggests that spot Ethereum ETFs are increasingly viewed as strategic investments alongside Bitcoin products, with market watchers keen to see if inflows will expand beyond the largest issuer.
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