Ethereum ETFs Hit $216M Inflows as Fidelity Gains Ground on BlackRock

The Ethereum ETF market saw a significant surge in net inflows on September 11, with U.S. spot Ethereum ETFs drawing $216.41 million, marking a high since August 27.

This influx follows a $24.29 million net outflow on September 8, which was concentrated almost entirely in Grayscale's funds. Despite this, Fidelity's FETH grew by $9.89 million during the same session, helping to offset part of the losses seen in Grayscale's funds.

Grayscale's ETHE recorded a $9.57 million outflow while its Mini Trust lost $24.61 million. BlackRock's ETHA, however, recorded no net outflow on that day.