BlackRock Leads Ether ETF Influx to Sixth Straight Day
US spot Ether ETFs have seen their sixth consecutive day of net inflows, according to data from SoSoValue. On September 25, these funds attracted a combined $86.95 million in new investment.
The majority of this influx went into BlackRock's products, with the iShares Ethereum Trust (ETHA) leading the way at $50.37 million and the iShares Ethereum Trust ETF (ETHB) bringing in $31.88 million.
This represents about 95% of the total net inflows for the day. Fidelity's Fidelity Ethereum Fund (FETH) saw smaller gains, with a net influx of $4.69 million.
The cumulative net inflows for these ETFs are substantial: ETHA has reached $13.28 billion, while FETH and Grayscale's ETH have seen $2.42 billion and $2.03 billion in investment, respectively.