Ethereum ETF Flows Surge Amidst Growing Institutional Interest

The US witnessed significant growth in Ethereum exchange-traded fund (ETF) inflows, reaching $443.9 million on Monday. This marks the third consecutive day of positive growth and is driven by substantial investments from major firms like BlackRock and Fidelity. SoSoValue data highlights BlackRock’s ETHA ETF attracted $314.9 million, while Fidelity’s FETH garnered an impressive $87.4 million in inflows. Other funds managed by Grayscale, Bitwise, 21Shares, and Invesco also saw substantial inflows.