Ethereum ETFs in the U.S. have exceeded $4 billion in net inflows, with a notable $1 billion added in just 15 trading days, showcasing increased investor interest.
Leading the inflows are BlackRock and Fidelity due to their lower fees, while Grayscale's ETHE is experiencing significant outflows because of its higher costs.
Recent IRS guidance on staking rewards and Ethereum's price recovery are contributing to the rising inflows, particularly from wealth managers.
Although retail investors are currently the primary source of flows, there is potential for institutional adoption in the upcoming quarters.
Both Ethereum and Bitcoin ETFs are witnessing growing popularity, indicating a broader interest in digital assets within diversified investment portfolios.