Ethereum spot exchange-traded funds (ETFs) saw a significant net inflow of $91.9 million yesterday, marking the ninth consecutive day of positive trading activity. BlackRock and Fidelity, major financial institutions, played key roles in this surge, contributing over half of the total inflow. This influx signals increased institutional confidence in Ethereum, potentially boosting its market position. Notably, BlackRock’s ETF (ETHA) contributed $50.4 million, while Fidelity’s product (FETH) saw $38.3 million in inflows. The impact on ETH prices is currently limited as ETFs represent a small fraction of overall trading volume. However, this trend reflects a growing demand for Ethereum-related products and services, further enhancing liquidity within the ecosystem. This surge mirrors similar trends observed with previous Bitcoin ETF launches.