Ethereum ETFs Surge with $63.5M Inflows: Institutional Confidence Fuels Market Rebound

A surge in Ethereum ETF inflows signals a major shift in institutional sentiment, marking a positive turn for the crypto market. BlackRock and Fidelity led the charge, contributing $57.6 million and $5.9 million respectively to the record-breaking $63.5 million net inflows recorded on May 15th. This influx is fueling optimism for Ethereum’s continued growth, signaling a return of confidence in the market.