Exchange-traded funds linked to Ethereum saw a notable recovery on August 21, after four consecutive days of withdrawals, recording positive inflows of $287 million, according to Farside Investors data.
This development gradually restored confidence in the market, following a wave of large capital outflows exceeding $925 million during the period from August 15 to 20.
The biggest beneficiaries of these inflows were BlackRock's iShares Ethereum Trust (ETHA), which alone captured $233.5 million. Fidelity's FETH fund attracted about $28.5 million, reinforcing the institutions' positions as the largest supporters of Ethereum funds during that session.
In addition, other funds such as Bitwise ETHW, Grayscale Ethereum Trust, and VanEck's ETHV recorded combined inflows approaching $25 million.
Thanks to these figures, the net cumulative inflows for Ethereum exchange-traded funds rose to over $12 billion, while the value of assets under management reached about $27 billion, reflecting increasing institutional and individual confidence in the future of Ethereum as its adoption accelerates.
It is worth noting that the total holdings of the nine funds reached a new record high on August 19, totaling 6.069 million Ethereum, compared to only 4.15 million Ethereum on July 8. This is an increase of 1.92 million Ethereum over six weeks, representing a growth rate of 46%, a strong indicator of the rising demand for investment through these financial instruments.
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