Spot Ethereum funds have generated $2.45 billion in net inflows since their debut last July, with BlackRock’s spot Ethereum ETF garnering $587 million. Analysts consider their launch successful, although their performance is dwarfed by spot Bitcoin ETFs that have received more than $35 billion in net inflows, according to U.K. asset manager Farside Investors.
“This highlights a growing institutional risk appetite for BTC, while ETH’s recovery remains sluggish as investors wait for stronger catalysts,” the crypto research firm BRN said on X (formerly known as Twitter) on Friday
