Ether ETFs Surge Past $3 Billion in August, Signaling Renewed Investor Interest

US spot Ether exchange-traded funds (ETFs) have experienced a record-breaking month, attracting over $3 billion in net inflows within the first two weeks of August. This surge marks their second-strongest monthly performance to date, driven by surging ETH prices and increasing investor confidence in regulated investment vehicles. 2023 has seen a significant influx into the Ether ETF market, reaching a record-breaking $29.22 billion in total assets as investors seek direct exposure to the digital asset.