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US Ethereum ETFs Record 4 Consecutive Weeks Of Positive Inflows — Details

  • US-based spot Ethereum ETFs have experienced four consecutive weeks of positive inflows, marking a significant turnaround in fortune and investor sentiment.
  • Data from SoSoValue shows that the US Ethereum ETFs had a net inflow of $25.22 million on June 6, marking the 15th consecutive day of capital inflows, indicating growing interest in Ethereum products.
  • BlackRock's iShare Ethereum Trust (ETHA) and Grayscale's Ethereum Mini Trust (ETH) were the main contributors to the recent inflows, with ETHA accounting for $15.86 million and ETH receiving $9.37 million in net inflows.
  • The total net weekly inflow for Ethereum-based products exceeded $281 million in the past week, with a total of $856.81 million inflows over the past four weeks, showcasing a positive shift in investor sentiment towards Ethereum.

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