Ethereum-linked exchange-traded funds are drawing renewed investor interest as capital flows back into the market alongside a powerful price surge for the asset itself.
According to Farside Investors, Ethereum ETFs attracted $13.37 million in new inflows on Tuesday. The bulk of that came from Grayscale’s ETH fund, which pulled in $7.36 million—accounting for more than half of the day’s total.
Interestingly, industry giants BlackRock (ETHA) and Fidelity (FETH) saw no movement, remaining flat despite the wider uptick.
The cumulative net inflows into Ethereum ETFs now sit at around $2.5 billion, still modest when compared to Bitcoin ETF volumes but steadily growing.
Ethereum’s price, meanwhile, has broken past the $2,700 mark once again, riding a wave of bullish sentiment.
The asset has gained nearly 50% in just one week, fueling optimism across the broader crypto space as ETF inflows mirror market momentum.
Binance has kicked off the day with a major update for altcoin traders, becoming the first exchange to debut trading for NEXPACE (NXPC).
XRP is making a quiet comeback. After briefly crossing $3 earlier this year for the first time since 2018, the token has settled into the mid-$2 range—still showing strong momentum with over 400% gains year-on-year.
U.S. regulators have once again delayed action on a proposed Solana exchange-traded fund, pushing any potential approval into the final quarter of 2025.
Improved relations between the U.S. and China are helping reignite investor confidence across global markets—and crypto is no exception.