Against the backdrop of increasing interest in Ethereum, ETFs for this asset reached record inflows, indicating a growing interest from institutional investors.
Overall Inflows Data for Ethereum ETFs
Nine US-listed Ethereum ETFs saw a total inflow of $1.02 billion on Monday, the highest ever since the products were launched in mid-2024. The total inflow over five consecutive trading days reached $1.8 billion, bringing the aggregate inflow for Ethereum ETFs to $10.8 billion.
Achievements of BlackRock and Fidelity
BlackRock's ETHA fund recorded a remarkable inflow of $640 million, acquiring over 150,000 ETH. The total inflows for the fund exceeded $10 billion. Fidelity's FETH also set a record with $277 million in inflow from over 65,000 ETH. 'Spot ETH ETFs were underestimated simply because TradFi investors didn’t understand Ethereum,' commented crypto expert Nate Geraci.
Comparison with Bitcoin ETFs
On the same day, Bitcoin ETFs received only $178 million in inflows, less than Fidelity's Ethereum fund. Over the past four days, Bitcoin ETFs attracted a total of $950 million, but after reaching $122,000, Bitcoin retreated to $118,600, which may impact inflows under current conditions.
The record inflows into Ethereum ETFs highlight the growing interest from investors, which may open new horizons for this asset in the future.
