Ethereum Spot ETFs See Major Net Inflows Amidst Market Volatility

A surge in demand for Ethereum spot exchange-traded funds (ETFs) has been observed, as data from SoSoValue reveals a significant net inflow of $44.156 million on September 9th. Notably, Blackrock’s ETHA ETF recorded the entire inflow amount, with its cumulative historical net inflow reaching a substantial $12.664 billion. The total net asset value of Ethereum spot ETFs currently stands at $27.392 billion, representing a net asset ratio of 5.27% compared to the overall market capitalization of Ethereum.