Ethereum Spot ETFs Experience Fifth Consecutive Day of Net Inflows

For the fifth consecutive day, Ethereum spot ETFs saw positive inflows, totaling $76.55 million on November 28th. This influx is driven by strong institutional confidence in the asset class. BlackRock’s ETHA ETF stands out as a leader, attracting $68.27 million, and accounting for a significant portion of the total assets under management at $19.15 billion, which constitutes 5.19% of Ethereum’s market cap. This surge marks an increasing trend in institutional investors favoring regulated crypto vehicles that offer stability and transparency.