Ethereum Spot ETFs See Record Net Inflows for Fourth Straight Day
Ethereum spot ETFs have seen a significant surge in net inflows for the fourth consecutive day, totaling $105 million on September 23. BlackRock's ETHA led the group with $50.8 million in daily net inflows, bringing its cumulative inflows to $13.206 billion.
Fidelity's FETH followed closely with $41.3 million, lifting its cumulative total to $2.395 billion. Grayscale's Ethereum Mini Trust ETF saw a larger-than-usual outflow at $4.1 million, while still boasting $2.015 billion in cumulative net inflows.
The combined net assets of these funds reached $17.505 billion, accounting for 5.37% of Ethereum's total market capitalization. The total cumulative net inflows across the funds have now exceeded $13.787 billion.