Spot Ethereum ETFs in the U.S. have surpassed $4 billion in net inflows just 11 months after launch, with $1 billion added in the past 15 trading days alone. BlackRock’s ETHA leads with $5.31 billion in inflows, followed by Fidelity’s FETH and Bitwise’s ETHW. Meanwhile, Grayscale’s ETHE saw $4.28 billion in outflows. Low fees and ETH’s price recovery versus Bitcoin are key drivers. Institutional participation may grow, with the upcoming mid-July Form 13F filings set to reveal whether more professional managers are joining.