Record-Breaking Inflows into US Spot Ether ETFs Amid Altcoin Rally
US spot Ether exchange-traded funds (ETFs) reached a historic milestone with $717 million in daily net inflows. This surge aligns with a broader rally in altcoins, highlighting growing investor interest in Ethereum and related financial products.
Institutional Leaders Drive Momentum
BlackRock’s ETHA led the inflows with $489 million, followed by Fidelity‘s FETH at $113 million. These substantial investments reflect strong institutional confidence in Ethereum‘s long-term value proposition.
ETFs Now Hold Significant ETH Supply
US spot Ether ETFs collectively hold over 5 million ETH, representing more than 4% of circulating supply. This demonstrates cryptocurrency’s increasing role in diversified investment portfolios.
New Records Set
The current inflows surpassed December 2024’s previous high of $428 million, indicating accelerating demand for Ethereum-based investment vehicles.
Institutional Demand Outpaces Supply
While the Ethereum network issued $6.74 million in ETH last day, ETF purchases exceeded this by 107 times, underscoring robust institutional participation in the market.
