ETH ETFs Surge with $455 Million Inflows, Ethereum Price Climbs 2%

The United States spot Ethereum (ETH) exchange-traded funds (ETFs) experienced a significant surge in investment flows. On Tuesday, BlackRock’s ETHA led the way, recording inflows of $323 million, bringing its total net assets to approximately $16.9 billion. Fidelity’s FETH and Grayscale’s ETH also saw substantial inflows totaling $85 million and $41 million respectively. This trend reflects a growing appetite for ETH-based investment products in the U.S., with cumulative net inflows reaching a total of about $13.33 billion, bringing their overall net assets to around $29.89 billion.