$ETH ETFs Extend Inflow Streak to 16 Days with $453M Boost
Ethereum ($ETH) exchange-traded funds recorded another strong day on Friday, bringing in $452.72 million in net inflows—marking the 16th consecutive day of positive momentum.
BlackRock’s ETHA led the pack with a massive $440.10 million in inflows, lifting its total assets under management to $10.69 billion and solidifying its dominance in the ETH ETF space.
Bitwise’s ETHW added $9.95 million, while Fidelity’s FETH contributed $7.30 million, further fueling the bullish sentiment.
In contrast, Grayscale’s ETHE continued to see outflows, losing $23.49 million on the day and pushing its cumulative redemptions to $4.29 billion.
The combined net assets of all U.S. spot ETH ETFs now stand at $20.66 billion, accounting for 4.64% of Ethereum’s total market cap.
Bitwise CIO Matt Hougan projects that demand for ETH could reach $20 billion within the next year, potentially surpassing available supply by a factor of seven.
This sustained streak of inflows underscores rising institutional confidence in Ethereum's role within DeFi and the broader smart contract ecosystem.