
US spot Ethereum ETFs experienced a net inflow of $53.02 million on November 4, 2026, marking their first positive day after a week of $514.8 million in outflows. BlackRock's iShares Ethereum Trust led the buying with over $32 million inflows, while Fidelity and Grayscale also attracted fresh investments. However, BlackRock's staking-focused ETHB fund saw a $22.38 million outflow, possibly indicating investor reallocation within BlackRock's products. Overall, spot Ethereum ETFs have amassed around $12.1 billion in net inflows since their US launch in July 2024, holding about 4.77% of Ethereum's market cap.