📢 Ethereum Exchange-Traded Funds Add $5.4 Billion in Record Inflows
Ethereum exchange-traded funds in the United States have seen continuous inflows over 19 days, adding $5.4 billion to their holdings. BlackRock's ETHA led the inflows with $20.3 million, followed by Grayscale's ETHE with $7.8 million. Since its launch in July 2024, cumulative net inflows have reached approximately $9.7 billion.
Currently, these funds hold about 5.7 million Ethereum, valued at $22 billion. The SEC recently approved in-kind redemptions, enhancing these funds' alignment with traditional investment models.