$ETH #ETFs Hit Record $524M Inflows After Billion-Dollar Day

Spot $ETH exchange-traded funds recorded another massive $523.9 million in daily net inflows on Tuesday.

This followed Monday's record-breaking $1.02 billion inflow day, marking six consecutive days of positive flows totaling $2.33 billion.

#BlackRock's ETHA led with $318.67 million in inflows, followed by Fidelity's FETH at $144.9 million. Grayscale's Mini Ether Trust added $44.25 million to the surge.

The funds now hold $27.6 billion in net assets, representing 4.8% of Ethereum's total market cap.

Meanwhile, spot BTC ETFs saw modest $65.9 million inflows, suggesting investor attention is shifting toward #Ethereum.

ETH itself rallied 8.5% to $4,667, approaching its November 2021 all-time high of $4,878.

Corporate treasury adoption has also accelerated, with firms now holding $8.9 billion worth of ETH ETH according to The Block's data.

The surge reflects growing institutional recognition of ETH as the "backbone of future #ETH5kNext?