Crypto
$141M Flows into US Spot Ether ETFs as BlackRock and Fidelity Lead
US spot Ether exchange-traded funds (ETFs) saw a significant influx of capital on September 3, with net inflows totaling $141.39 million.
The largest contributors to this influx were BlackRock's ETHA and Fidelity's FETH, which drew in $72.07 million and $65.11 million respectively.
These two products accounted for the majority of the day's total net inflows, with Invesco's QETH adding $5.39 million and BlackRock's staked Ether ETF ETHB drawing $1.29 million.
On the other hand, Grayscale's ETHE saw outflows of $6.07 million, while several other products posted no net inflows that day.