NEAR - Sponsor Image NEAR - Confidential swaps across 35+ chains Friend & Sponsor Learn more
News

Spot ETH ETFs See First-Ever $1B Day of Net Inflows

ETFs from BlackRock and Fidelity led the surge as total net inflows topped $10B.

Spot ETH ETFs See First-Ever $1B Day of Net Inflows

U.S. spot Ethereum ETFs Ethereum ETFs pulled in over $1 billion in net inflows on Monday, marking their biggest single-day haul since launching last year.

What’s the Scoop?

  • Record Day: The nine spot ETH ETFs attracted $1.02 billion in net inflows, led by BlackRock’s ETHA with $639.8 million. Fidelity’s FETH brought in $277 million, its largest day ever.
  • Broad Participation: Grayscale’s Mini Ether Trust saw $66.6 million in inflows, while ETHE added $13 million. Products from Bitwise, 21Shares, Franklin Templeton, and VanEck also posted gains.
  • Cumulative Totals: Since May, spot ETH ETFs have taken in more than $8 billion. Monday’s record push brought total net inflows to $10.83 billion.
  • ETH Price Action: Ether’s price has jumped 45% in the past month, now trading at $4,284 despite a small 0.42% dip in the last 24 hours.
  • BTC Comparison: Spot bitcoin ETFs saw $178.15 million in inflows the same day, far behind Ethereum’s record pace.

Bankless

2806 posts

It’s time to break up with your bank, and join the movement for a better world.

No Responses