BlackRock Dominates Ethereum Spot ETF Inflows with $7.4 Million

After two days of net outflows, Ethereum spot ETFs saw $7.4 million in inflows on August 12, driven entirely by BlackRock's ETHA fund.

This move marked a reversal of the previous trend and signalled institutional preference for leading products and an improvement in market sentiment.

According to Woofun AI, there has been a significant shift in the flow of funds for U.S. Ethereum spot ETFs, with BlackRock's ETHA establishing a dominant position and completely reversing the previous two-day net outflow trend.

The inflow was concentrated among leading asset managers, with competitors such as Fidelity, Bitwise, and Grayscale reporting zero net inflows on August 12.