Ethereum ETFs Record 12th Straight Day of Net Inflows

The U.S. spot Ethereum ETFs continued their streak of net inflows on September 1, marking the 12th consecutive trading day of positive flows. According to data from SoSoValue, these funds saw a net inflow of $10.95 million on that day.

While this streak is impressive, it's worth noting that the daily inflow amount has decreased significantly compared to its peak in late August. This could indicate that investors are taking a wait-and-see approach ahead of potential Federal Reserve policy decisions and macroeconomic data releases.

The leading fund-by-fund breakdown shows that BlackRock's ETHA added $11.2 million, Fidelity's FETH contributed $4.81 million, and Morgan Stanley's MSSE brought in $2.34 million. However, Grayscale's ETHE saw an outflow of $7.4 million, partially offsetting the gains.