Ethereum Spot ETFs See Fourth Consecutive Week of Net Inflows

Ethereum spot ETFs have been seeing a steady influx of funds, according to recent data from SoSoValue. The latest week, from September 7 to September 11 (US Eastern Time), saw a net inflow of $197 million, marking the fourth consecutive week of net inflows.

The largest contributor to this inflow was BlackRock's ETF ETHA, with a weekly net inflow of $140 million. This brings its total historical net inflow to $13.01 billion. Not far behind was BlackRock's ETF ETHB, with a weekly net inflow of $55.2009 million, increasing its total historical net inflow to $831 million.

On the other hand, Grayscale's Ethereum Trust ETHE saw a significant outflow, with a weekly net outflow of $17.2921 million, pushing its total historical net outflow to $5.40 billion.