BlackRock Leads 12-Day Streak of Net Inflows into US Spot Ethereum ETFs

The streak of net inflows into U.S.-listed spot Ethereum exchange-traded funds (ETFs) has reached 12 consecutive trading days, according to Trader T data. On September 1, these funds attracted a combined $10.95 million in net inflows.

BlackRock's staking Ethereum ETF, ETHB, led the charge with $11.2 million in net inflows, surpassing Fidelity's FETH which recorded $4.81 million. Morgan Stanley's MSSE added $2.34 million, while Grayscale's ETHE was the sole outlier, shedding $7.4 million in net outflows.

The extended inflow streak suggests sustained interest in Ethereum among institutional and traditional finance investors. BlackRock's ETHA has been a key driver of this trend, accounting for $12.797 billion in cumulative net inflows since its debut, which is equivalent to 5.23% of Ethereum's total market capitalization.

The total net asset value of U.S. spot Ethereum ETFs stands at $15.614 billion, and the sustained net inflows are being closely watched as a barometer for Ethereum's price direction.