Ethereum ETF Activity Sees Shifts in Inflow & Outflow

Recent activity in the Ethereum ETF market reveals notable shifts in inflows and outflows. While the eight-day inflow streak for U.S. spot Ethereum ETFs came to a halt, cumulative inflows remained substantial at $1.97 billion. However, Fidelity’s FETH experienced a modest net outflow of $8.7 million, contrasting with BlackRock’s ETHA, which witnessed a significant influx of $1.4 billion in the past nine days. This comes as Ethereum’s market price hovered near $4,300. Notably, spot Bitcoin ETFs saw increased inflows, raising their cumulative to $5.96 billion over nine days.