Ethereum Spot ETFs See Fourth Straight Day of Net Inflows
Ethereum spot ETFs experienced their fourth consecutive day of net inflows on August 20, according to SoSoValue data. The total net inflow into these funds was $221 million.
BlackRock's ETHA and ETHB ETFs led the charge, with a single-day net inflow of $173 million and $35.9045 million respectively. Over their lifetimes, ETHA has seen $12.019 billion in net inflows, while ETHB has accumulated $606 million.
The total net asset value of Ethereum spot ETFs now stands at $13.585 billion, with an ETF net asset ratio (market cap as a percentage of Ethereum's total market cap) of 4.86%. Cumulative net inflows to date have reached $11.965 billion.