Blackrock Dominates Ethereum Spot ETF Inflows with $83 Million Surge
Ethereum spot ETFs saw a significant influx of funds yesterday, marking 10 consecutive days of net inflows. The total net inflow for August 28 was $102 million, according to SoSoValue data.
The top-performing Ethereum spot ETF in terms of single-day net inflow was Blackrock's ETHA, with a staggering $83.7915 million pouring in. This brings the historical total net inflow for ETHA to an impressive $12.737 billion.
Blackrock's Staked ETH ETF, ETHB, also saw substantial inflows, with a single-day net inflow of $42.6441 million, bringing its historical total to $694 million.
In contrast, Fidelity's FETH experienced a net outflow of $24.2573 million on August 28. Despite this, the ETF still boasts a significant historical total net inflow of $2.272 billion.