Ether ETFs Show Continued Demand Amid Market Uncertainty

Despite recent volatility in the crypto markets, U.S.-based spot Ether exchange-traded funds (ETFs) have witnessed continued inflows, reaching a remarkable milestone. According to Cointelegraph, these funds have recorded their third consecutive week of inflows, with potential to exceed $1 billion if the trend continues. Data from Farside suggests $25.3 million flowed into Ether ETFs on June 6th alone, extending the streak to 15 days. This brings the total accumulated inflow to $837.5 million since May 16th, representing approximately 25% of the overall $3.32 billion in net inflows since the launch of spot Ether ETFs in July 2024.