BlackRock’s Ethereum ETF Leads Market With Strong Inflows

BlackRock's Ethereum ETF is currently at the forefront of the market, indicating increased investor confidence in ETH as a suitable investment.

BlackRock’s ETHA led the way with a remarkable $14.3 million in daily net inflows, bringing its total historical net inflows to $1.223 billion.

Close behind was Fidelity’s Ethereum ETF, FETH, which recorded daily net inflows of $1.3 million and amassed historical net inflows of $456 million.

In contrast, Grayscale’s Ethereum Trust showed no daily net inflows or outflows, as did the Ethereum Mini Trust (ETH).

READ MORE:

Australia Launches Its First Ethereum (ETH) ETF

At last count, the net value of all spot Ethereum ETFs totaled $7.195 billion, with a ratio of net assets to total cryptocurrency market value of 2.28%.

Despite cumulative net outflows of $542 million, the inflows to spot ETFs suggest that Ethereum remains an attractive investment, a signal that investor interest in this dynamic asset class has not completely waned.

Alexander Stefanov