$ETH | #ETH 🚀ALERT NEWS: The Ethereum spot ETFs in the USA have surpassed the $1 billion mark in daily net inflows for the first time on Monday, since their launch in July of last year. According to Nick Ruck, director of LVRG Research, this reflects the growing institutional confidence in the long-term potential of Ethereum, recognized as a store of value and a foundation for decentralized finance and Web3 innovation.
Data from SoSoValue indicates that the nine ether ETFs raised $1.02 billion on the day, led by BlackRock ETHA, with $639.8 million, followed by Fidelity FETH, with $277 million, which recorded its largest inflow to date. Other funds, such as Grayscale Mini Ether Trust and ETHE, along with Bitwise, 21Shares, Franklin Templeton, and VanEck, also showed positive flows. Since May, the ether spot ETFs have already accumulated over $8 billion in net inflows, totaling $10.83 billion after Monday's contributions.
