Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
Spot Ethereum ETFs see another $524 million in inflows after record-breaking day

Spot Ethereum ETFs see another $524 million in inflows after record-breaking day

The BlockThe Block2025/08/12 16:00
By:By Danny Park

Quick Take Spot ETH ETFs saw another $523.9 million in daily net inflows following a $1.02 billion net inflow day. This extends the ether funds’ positive streak to six consecutive days, during which they attracted $2.33 billion in net inflows.

Spot Ethereum ETFs see another $524 million in inflows after record-breaking day image 0

U.S. spot Ethereum exchange-traded funds saw another $523.9 million in daily net inflows on Tuesday, following Monday's record-setting $1.02 billion .

According to data from SoSoValue, six of the nine ether ETFs recorded positive flows for the day, led by BlackRock's ETHA with $318.67 million in inflows. Fidelity's FETH attracted $144.9 million, while Grayscale's Mini Ether Trust reported $44.25 million in net inflows.

This extends the ether funds' positive streak to six consecutive days, during which they attracted $2.33 billion in net inflows. Spot ETH ETFs now hold $27.6 billion in net assets, representing roughly 4.8% of Ethereum's total market capitalization.

Nate Geraci, President of NovaDius Wealth, commented that the latest flows into ether ETFs mark a "notable shift" from bitcoin ETFs that dominated last year and earlier this year. Spot bitcoin ETFs recorded a rather modest $65.9 million worth of net inflows on Tuesday.

"Feel like spot ETH ETFs were severely underestimated simply [because] TradFi investors didn't understand ETH," Geraci said in an X post on Tuesday. "Now they're hearing 'backbone of future financial markets' and it's resonating."

Ether itself has also appreciated significantly in price, up 8.5% in the past day to trade at $4,667 , nearing its all-time high of $4,878.26 set in November 2021.

Ethereum's price is also boosted by the surging number of companies adopting a corporate treasury strategy based on the cryptocurrency. As of Monday, Ethereum treasury firms held around $8.9 billion worth of ETH, according to The Block's data.


0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Mars Morning News | ETH returns to $3,000, extreme fear sentiment has passed

The Federal Reserve's Beige Book shows little change in U.S. economic activity, with increasing divergence in the consumer market. JPMorgan predicts a Fed rate cut in December. Nasdaq has applied to increase the position limit for BlackRock's Bitcoin ETF options. ETH has returned to $3,000, signaling a recovery in market sentiment. Hyperliquid has sparked controversy due to a token symbol change. Binance faces a $1 billion terrorism-related lawsuit. Securitize has received EU approval to operate a tokenization trading system. The Tether CEO responded to S&P's credit rating downgrade. Large Bitcoin holders are increasing deposits to exchanges. Summary generated by Mars AI. The accuracy and completeness of this summary are still being iteratively improved by the Mars AI model.

MarsBit2025/11/30 21:01
Mars Morning News | ETH returns to $3,000, extreme fear sentiment has passed

The central bank sets a major tone on stablecoins for the first time—where will the market go next?

The People's Bank of China held a meeting to crack down on virtual currency trading and speculation, clearly defining stablecoins as a form of virtual currency with risks of illegal financial activities, and emphasized the continued prohibition of all virtual currency-related businesses.

MarsBit2025/11/30 21:01
The central bank sets a major tone on stablecoins for the first time—where will the market go next?