Ether ETFs Score Sixth Straight Session of Net Inflows
US spot Ether exchange-traded funds (ETFs) continued their streak of net inflows, drawing in over $115.6 million on August 25. This marks a sixth consecutive trading session of net inflows, according to Farside Investors data.
The top performer among the US spot Ether ETFs was BlackRock's ETHA, which recorded net inflows of $90.9 million. Grayscale Mini ETH followed closely with $12.5 million in net inflows, while Fidelity's FETH and VanEck's ETHV took in $6.8 million and $4.5 million, respectively.
Bitwise's ETHW also added a modest $900,000 to its total, but the remaining products recorded either no net inflows or outflows. The strong demand for these ETFs is a positive sign for the cryptocurrency market, particularly as it pertains to Ether.