BlackRock's ETHB Leads Record $34M Inflow into Ethereum Spot ETFs

Ethereum spot ETFs experienced a significant influx of funds yesterday, September 9, according to data from SoSoValue. The total net inflow was $34.7535 million.

The largest single-day net inflow belonged to BlackRock's Staked ETH ETF, ETHB, at $22.9376 million. This is a substantial increase for the fund, which has now seen its total historical net inflows reach $798 million.

BlackRock's other Ethereum spot ETF, ETHA, was also a major recipient of funds, with a single-day net inflow of $9.7144 million. The cumulative historical net inflows for this fund have reached $12.883 billion.

The total net asset value of Ethereum spot ETFs currently stands at $15.688 billion, representing a 5.2% share of Ethereum's overall market capitalization. This is based on the ETF net asset ratio, which measures the proportion of an ETF's assets relative to the underlying asset's market capitalization.