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BlackRock’s Spot Ether ETF Surpasses $1 Billion in Net Asset Value

  • BlackRock's spot ether ETF has surpassed $1 billion in net asset value.
  • US-based spot ether ETFs saw $58.7 million in inflows on Friday, with a total inflow for the week of about $84.5 million.
  • BlackRock's ETHA fund reached a major milestone with a total net asset value surpassing $1 billion, making it the second such fund to do so.
  • Ether funds saw positive net inflows for three of the five trading days last week, marking their second week of positive inflows since their inception in late July.

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