Ethereum ETFs See Record Daily Inflows as Institutional Interest Soars

Ethereum exchange-traded funds (ETFs) are experiencing a surge in investor interest, with daily inflows reaching $78.17 million on June 2nd. This marks the 11th consecutive day of capital inflows into these funds, fueled largely by the offerings from BlackRock and Fidelity. BlackRock’s iShares Ethereum Trust ETF (ETHA) led the way with $48.40 million in net inflows, followed closely by Fidelity’s Ethereum Fund (FETH) with $29.78 million. These two ETFs were the only ones to report inflows for Ethereum-related products on June 2nd.