Ethereum ETF Flows Reach New Heights, Driven by Institutional Interest

Spot Ethereum exchange-traded funds (ETFs) have experienced a surge in inflows, reaching a record $523.9 million on Tuesday alone. This follows six consecutive days of positive inflows, totaling $2.33 billion. The latest data reveals that BlackRock’s ETHA fund recorded the largest inflow at $318.67 million, followed by Fidelity’s FETH fund with $144.9 million and Grayscale Mini Ether Trust with $44.25 million.