Data on investment in Ethereum ETFs in the US shows significant growth in volumes. Recently recorded inflows have reached record levels.
Increase in Investment Inflows into Ethereum ETFs
In the US, data shows that Ethereum ETFs received an additional net inflow of $523.9 million last Tuesday. This follows a record inflow of $1.02 billion on Monday. According to SoSoValue, eight out of nine ETFs closed the trading day positively.
Trends and Volumes
Over the past six days, total inflows have reached $2.33 billion. Major contributors include BlackRock’s ETHA with a $318.67 million inflow, Fidelity’s FETH with $144.9 million, and Grayscale’s Mini Ether Trust with $44.25 million. These ETFs now have net assets totaling $27.6 billion, representing approximately 4.8% of Ethereum’s market capitalization.
Shifts in Institutional Investor Perceptions
Nate Geraci, President of NovaDius Wealth, noted significant shifts in interest from Bitcoin ETFs to Ethereum ETFs over the past year. He stated, 'Spot Ethereum ETFs have been severely underestimated. Traditional financial investors did not fully grasp ETH. Now they hear terms like 'the backbone of future financial markets,' which resonate with them.'
The increase in investment volumes in Ethereum ETFs indicates a changing market perception and a growing interest from institutional investors.
