Blackrock's ETHA Dominates Ethereum Spot ETF Inflows

Ethereum spot ETFs saw significant activity yesterday, July 27, according to data from SoSoValue. The total net inflow for Ethereum spot ETFs was $9.23 million, with Blackrock's ETHA leading at a net inflow of $11.75 million.

This represents the largest single-day net inflow for ETHA, which has seen a total historical net inflow of $11.42 billion. In contrast, Invesco's QETH saw a net outflow of $2.52 million, with a total historical net inflow of $22.1 million.

The total net asset value of Ethereum spot ETFs currently stands at $10.65 billion, with the ETF net asset ratio reaching 4.53% of Ethereum's total market cap. This represents a significant milestone for the Ethereum spot ETF market.