Spot Ether ETFs Attract Over $104 Million in Net Inflows
US spot Ether ETFs have been attracting significant investor interest over the past few days. According to data released by SoSoValue on September 24, these funds logged a total of $104.63 million in net inflows the previous day, marking their fourth consecutive trading session with positive flows.
The largest contributors to this influx were BlackRock's ETHA and Fidelity's FETH, which recorded strong net inflows of $50.8 million and $41.28 million, respectively. Grayscale's ETHE also brought in a significant amount, with $4.3 million in inflows.
However, not all spot Ether ETFs experienced positive flows. Grayscale's ETH actually posted net outflows of $4.09 million, while the remaining products saw no net activity.