US Spot Ethereum ETFs Attract $534 Million in Inflows

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US spot Ethereum exchange-traded funds (ETFs) recorded $533.9 million in net inflows on Tuesday, marking their third-highest single-day inflow since launch.

According to SoSoValue data, BlackRock’s iShares Ethereum Trust (ETHA) led with $426.2 million in inflows, followed by Grayscale’s Ethereum Mini Trust at $72.6 million. Fidelity’s Ethereum ETF also saw $35 million in net inflows.

Tuesday’s figures rank behind only last Wednesday’s $726.7 million and Thursday’s $602 million, reflecting sustained investor interest in Ethereum.

The strong ETF demand signals growing confidence in ETH as an asset. Vincent Liu, CIO of Kronos Research, noted that with Bitcoin’s dominance easing and stable macroeconomic conditions, “ETH’s momentum is well-positioned to continue in the mid-term, provided these trends persist.”

Louis Adams https://www.satoshihodler.com

I am an experienced crypto news writer. I have been in the industry for many years and believe this tech can bring financial freedom to everyone.