BlackRock Leads Ethereum ETF Inflows, Despite Price Volatility

Data from Farside shows that U.S.-listed Ethereum spot ETFs experienced a net inflow of $70.2 million in the past week. Notably, all this capital went into BlackRock’s ETHA product, with other ETFs registering no activity – neither inflows nor outflows. However, despite this significant institutional interest, ETH is trading around $2,520 on Binance’s USDT pair, marking a 4% decline compared to the previous day. This disparity between ETF inflows and price action emphasizes the current volatility in the crypto market.