Spot Ethereum ETFs Extend Inflow Streak to 10 Sessions With $102M Added

The U.S. spot Ethereum exchange-traded funds (ETFs) have seen a 10th consecutive day of positive flows, totaling $102.1 million on August 28.

This significant influx is led by BlackRock's iShares Ethereum Trust (ETHA), which attracted $83.8 million in net inflows, and its staking-enabled ETF (ETHB), which contributed another $42.6 million.

Fidelity's Ethereum Fund (FETH), however, saw net outflows of $24.3 million, indicating a shift among providers rather than a uniform market trend.

The sustained accumulation underscores growing institutional interest in ether exposure through regulated vehicles, which is expected to boost crypto adoption but also introduces staking risks such as slashing and lock-up periods.