Spot Ethereum ETFs Mark Best Day In Four Months With $240 Million In Investments, Outpacing Bitcoin Funds ⋆ ZyCrypto
The post Spot Ethereum ETFs Mark Best Day In Four Months With $240 Million In Investments, Outpacing Bitcoin Funds ⋆ ZyCrypto appeared on BitcoinEthereumNews.com.
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  U.S.-listed spot Ethereum exchange-traded funds pulled in $240.3 million in inflows on Wednesday, representing their best daily performance since early February, data compiled by SoSoValue shows. Ether ETFs Continue Hot Streak Data indicates that BlackRock’s ETHA led the pack, attracting $163.6 million in fresh funds. The massive inflow coincides with Ethereum’s jump above the $2,800 mark for the first time in almost four months. The last time the inflows into the nine ETH ETFs surpassed that threshold was on February 2, when investors added $276 million into BlackRock’s ETHA, and Ethereum’s price hovered at around $2,900. Fidelity’s FBTC had an inflow of $37.28 million, Grayscale’s Mini Ethereum Trust and Bitwise’s BITW also posted minor inflows. Wednesday was the 18th consecutive session with positive flows for the spot ETH ETFs, underscoring the improving sentiment towards the underlying asset. Notably, the Ether ETFs outpaced flows into their spot Bitcoin counterparts, which gathered $164.5 million inflows on Wednesday. Since they went live last July, the Ethereum products have recorded around $3.74 billion in net inflows. Advertisement
  ETH Price Rally Imminent? According to CoinMarketCap data, Ethereum was trading at around $2,742, representing a 2.3% decline over the past day. While Bitcoin recently registered a new all-time high above $111,000, the second-biggest crypto by market cap remains over 43% below its 2021 peak of around $4,878. Despite falling out of investors’ favor and vastly underperforming BTC this year, the ETH ETFs are enjoying a resurgence as President Donald Trump’s family has, in recent months, revived interest in altcoins and decentralized finance (DeFi) applications. That being said, the healthy flows reflect the market’s increasing optimism. The money flows could help Ether surpass its three-year-old price record in the coming months.
Source: https://zycrypto.com/spot-ethereum-etfs-mark-best-day-in-four-months-with-240-million-in-investments-outpacing-bitcoin-funds/
Filed under: News - @ June 12, 2025 4:23 pm