#ETH🔥🔥🔥🔥🔥🔥 $ETH

Spot Ether exchange-traded funds (ETFs) saw a record-breaking day with $1.01 billion in net inflows on Monday, far surpassing Bitcoin ETFs' $178 million influx. BlackRock's iShares Ethereum Trust ETF (ETHA) led the charge with $640 million, while Fidelity's Ethereum Fund (FETH) secured $277 million, both marking significant milestones.

*Key Highlights:*

- *Record Inflows*: Ether ETFs exceeded $1 billion in net inflows, indicating growing institutional interest.

- *Bullish Indicators*: Ethereum surged 45% in 30 days, with exchange-held Ether dropping to a 9-year low of 15.28 million ETH.

- *Market Dominance*: Ethereum accounts for 58% of tokenized assets across chains, with assets staked surpassing $150 billion.

- *ETF Buying Power*: Ether ETFs bought over 50% of ETH issued since the Merge, with 238,000 ETH acquired on Monday alone.

- *Corporate Holdings*: Assets under management for corporate Ether holders reached $13 billion due to the price increase.

Despite the positive trends, some experts are cautioning about potential risks. Ethereum co-founder Vitalik Buterin warned that corporations buying ETH for treasuries could lead to an "overleveraged game." Short-term traders are also booking profits, suggesting possible expectations of a pullback.