Ethereum ETFs Surge With $55.6M Net Inflow, Signaling Market Rebound

After nine consecutive days of outflows, the Ethereum ETF market witnessed a significant turnaround. A remarkable $55.6 million net inflow was recorded on November 21st for US spot Ethereum ETFs, breaking the negative streak and signaling renewed investor confidence in the cryptocurrency space. Despite BlackRock’s ETHA experiencing a substantial outflow, other major players stepped up, driving the entire sector into positive territory. Fidelity led with $95.4 million in inflows, followed by Grayscale’s Mini ETH ($7.73 million), and Bitwise’s ETHW ($6.26 million). This collective effort overcame BlackRock’s outflow to drive this significant market recovery.