U.S. spot Ethereum ETFs surpassed $1 billion in net inflows in a single day for the first time since their July 2024 launch, driven mainly by BlackRock’s ETHA and Fidelity’s FETH. Since May, these ETFs have accumulated over $8 billion, pushing total net inflows beyond $10.8 billion. Experts attribute this growth to favorable regulations and strong institutional investments, solidifying Ethereum’s key role in mainstream crypto adoption. Meanwhile, spot Bitcoin ETFs saw more modest inflows of $178 million. Ethereum’s price has risen 45% over the past month, currently trading around $4,284.
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