#ETH4500Next? #ETH $ETH

U.S. spot Ethereum exchange-traded funds (ETFs) crossed the $1 billion net inflow milestone for the first time on Monday, marking a new record since their debut in July last year.

“Investors are increasingly seeing Ethereum as both a store of value and the backbone of decentralized finance and Web3 innovation,” said Nick Ruck, Director at LVRG Research. “This trend underscores growing institutional confidence in ETH’s long-term prospects.”

Data from SoSoValue shows that the nine spot ETH ETFs brought in $1.02 billion in net inflows yesterday, led by BlackRock’s ETHA with $639.8 million. Fidelity’s FETH posted $277 million in inflows — its largest single-day gain to date — while Grayscale’s Mini Ether Trust saw $66.57 million, and its ETHE fund added $13 million. Products from Bitwise, 21Shares, Franklin Templeton, and VanEck also recorded gains.

Monday’s achievement follows a sustained run of positive flows. Since May, spot ETH ETFs have attracted over $8 billion, pushing cumulative net inflows past $10 billion to a total of $10.83 billion.

According to Vincent Liu, CIO of Kronos Research, the surge is fueled by “relentless regulatory tailwinds and record-breaking TradFi treasury allocations,” which are building deep liquidity pools and positioning Ethereum as “a cornerstone of mainstream crypto adoption.”

In comparison, spot Bitcoin ETFs saw a more modest $178.15 million in inflows on Monday. ETH’s price has jumped 45% over the past month, though it dipped 0.42% in the past 24 hours to $4,284, according to The Block’s Ethereum price data.