BlackRock's ETHA Leads $7.4M Inflow into US Spot Ethereum ETFs
U.S. spot Ethereum exchange-traded funds (ETFs) recorded a significant turnaround on August 12, after two days of net outflows.
The ETFs saw a total inflow of approximately $7.4 million, with BlackRock's ETHA product attracting the entire amount.
This marks a notable shift in sentiment and indicates that institutional demand for Ethereum remains steady, albeit selective.