Staked Ethereum ETF Sees Record $9.9M Inflow Amid Price Rally
The iShares Staked Ethereum Trust ETF, ETHB, has attracted significant investment interest after recording $9.94 million in net inflows on August 24th.
This influx of fresh capital brings the fund's assets under management to approximately $824 million, with the latest flow accounting for about 1.21% of AUM.
The related asset, ETH-USD, has seen a notable price increase, climbing around 20.7% over the past three months and currently trading at $2,447.36.
Despite ongoing macro uncertainty, institutional and retail investors appear to be confident in staked Ethereum exposure, as evidenced by the size of the inflow into ETHB.