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U.S. Spot Ethereum ETFs Surpass $4 Billion in Cumulative Inflows

  • U.S. Spot Ethereum ETFs have exceeded $4 billion in total inflows, just eleven months after their launch in July 2024.
  • Data from Farside reveals that the Ethereum ETFs saw a significant increase of $100.7 million in inflows on June 23, representing the highest daily inflow in a week.
  • This remarkable growth occurred despite ongoing geopolitical tensions in the Middle East, indicating sustained investor confidence in the digital asset.
  • Fidelity's FETH fund attracted the most inflows on that day, with $60.5 million, surpassing BlackRock's ETHA fund which brought in $25.8 million.
  • Grayscale's ETHE and ETH products also made positive contributions, adding $9 million and $5.4 million, respectively.
  • Other Ethereum-based funds did not record any inflows for the day.
  • The consistent increase in inflows reflects a rising investor interest in regulated access to Ethereum.
  • The news was originally reported by Coindoo.
  • ETFs have been successful in attracting significant investments in Ethereum, signaling a growing trend in the digital asset market.

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