Spot Ethereum ETFs Surge: Over $4 Billion in Net Inflows in Less Than One Year
In a remarkable achievement, U.S. spot Ethereum ETFs have garnered over $4 billion in net inflows since their launch on July 23, 2024. This milestone was reached in under a year, emphasizing the growing confidence in Ethereum as an investment vehicle. Notably, there was a significant surge of $100.7 million in inflows reported on June 23, reflecting a robust trend in institutional and retail interest. Fidelity’s FETH has emerged as a frontrunner, leading the inflows with $60 million attributed to its growth. The momentum surrounding Ethereum ETFs highlights their importance in the evolving landscape of digital assets. Expect continued excitement as more investors seek exposure to Ethereum.