Ethereum ETFs See First-Ever $1 Billion Inflow Surge

Ethereum exchange-traded funds (ETFs) experienced a significant milestone with over $1 billion in one-day inflows for the first time, according to data from SoSoValue. The driving force behind this surge was the BlackRock’s iShares Ethereum Trust ETF (ETHA), which accounted for $640 million of the total inflows. The Fidelity Ethereum Fund (FETH) also recorded a notable inflow of $276 million. 📈