Ethereum Spot ETFs See $1.08 Billion Net Inflows: Institutional Adoption Booms

Institutional investors poured $1.08 billion into Ethereum spot exchange-traded funds (ETFs) between August 25th and 29th, highlighting a significant shift in investment strategy. BlackRock’s ETHA ETF led the inflows, driven by institutional interest in Ethereum exceeding that for Bitcoin. Fidelity and Grayscale also saw substantial inflows, suggesting growing acceptance of Ethereum within financial markets.