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.