Ethereum ETFs Surge to $1.4B Inflows as Institutional Demand Grows
Ethereum exchange-traded funds (ETFs) have attracted significant attention in recent sessions, with $1.42 billion in net inflows over nine sessions.
This amount narrows the gap with Bitcoin ETFs and highlights strong institutional demand for Ethereum through regulated channels.
BlackRock's Ethereum fund led these inflows, indicating a growing interest from large financial institutions.
Fidelity plans to allow staking of up to 100% of its Ethereum holdings in its fund, potentially increasing yield and making ETH ETFs more attractive compared to direct token ownership.