Grayscale Ethereum Mini Leads ETF Inflows as BlackRock Lags

U.S. spot Ethereum exchange-traded funds (ETFs) recorded net inflows of $5.9 million on August 13, marking a second consecutive day of positive flows.

The Grayscale Ethereum Mini Trust led the way with $6.5 million in inflows, outpacing BlackRock's iShares Ethereum Trust (ETHA), which saw an outflow of $600,000.

Other major funds like Fidelity, Bitwise, and VanEck reported no significant net flows for the day, indicating a cautious market sentiment.

The two-day inflow streak follows a mixed performance period for Ethereum ETFs since their launch in July. The recent inflows could signal growing confidence among institutional investors, particularly with Grayscale Mini's lower fee structure appealing to cost-sensitive allocators.