Record-Breaking Inflows into US Spot Ether ETFs
US spot Ether exchange-traded funds (ETFs) achieved a historic milestone with a $717 million daily net inflow. This surge coincides with a notable rally in altcoins, underscoring rising investor interest in Ethereum and related financial instruments.
Key Players Driving the Momentum
BlackRock’s ETHA led the charge with $489 million, followed by Fidelity’s FETH at $113 million. These substantial inflows demonstrate institutional confidence in Ethereum’s long-term potential.
ETFs Now Hold Significant ETH Supply
US spot Ether ETFs collectively control over 5 million ETH, representing more than 4% of circulating supply. This reflects cryptocurrency‘s growing role in diversified portfolios.
Breaking Previous Records
The current inflow surpasses the previous December 2024 high of $428 million, signaling accelerating demand for Ethereum-based investment products.
Institutional Demand Outpaces Network Growth
While the Ethereum network issued $6.74 million in ETH last day, ETF purchases exceeded this by 107 times, highlighting robust institutional participation.