Fidelity Leads Ethereum ETF Inflow Surge After Weeks of Redemptions

U.S. Ethereum ETFs saw a net inflow of $29.4 million on September 18, marking a rebound after three consecutive sessions of outflows.

Fidelity's FETH was responsible for the majority of this inflow, bringing in $26.2 million. Bitwise's ETHW added $1.3 million and VanEck's ETHV brought in $1.9 million.

This comes after a tumultuous few days for Ethereum funds, with September 15 seeing a net outflow of $142 million, followed by another $224.1 million on September 16 and $39.3 million on September 17.

Despite this, Fidelity's buying spree suggests that demand for Ethereum exposure through regulated funds hasn't disappeared entirely.