Ethereum Spot ETFs Receive Major Inflows on August 27

The Ethereum spot ETF market witnessed a significant surge in inflows on August 27, as data from SoSoValue reveals a total net inflow of $309 million. According to Foresight News, the Blackrock ETF ETHA led with a single-day net inflow of $263 million, bringing its historic total net inflow to an impressive $13.057 billion. The Fidelity ETF FETH followed closely with a net inflow of $20.5239 million, reaching a historical total net inflow of $2.85 billion. As of the time of reporting, the total net asset value of Ethereum spot ETFs stands at $30.172 billion, representing an ETF net asset ratio of 5.44% compared to Ethereum’s total market capitalization. Notably, this marks a substantial increase in inflows, reaching a cumulative historical net inflow of $13.639 billion.