Ethereum ETFs Go Wild
It's not just ETH treasury companies catching bids.
Ethereum ETFs kicked into overdrive this week and started sucking in cash like black holes as inflows went parabolic.
Barring one day of outflows on July 2, ETH ETF assets under management have been up-only throughout July, raking in an astonishing $2.88B of net inflows on the month.
BlackRock’s ETHA leads the charge, seeing record-shattering $546M one-day inflows on July 17 that brought net July inflows to $2.14B. In total, spot ETH ETFs have experienced $7.1B of net inflows since their inception last year.
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Jack Inabinet
Jack Inabinet is a Senior Analyst with a passion for exploring the bleeding edge of crypto and finance. Prior to joining Bankless, Jack worked as an analyst at HAL Real Estate where he conducted market research and financial analysis for commercial real estate development and acquisition activities in the Seattle region. He graduated from the University of Washington’s Michael G. Foster School of Business.
