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Ethereum ETFs have achieved a historic milestone with 20 consecutive days of inflows, accumulating $5.4 billion in July. This impressive streak is led by BlackRock's iShares Ethereum Trust (ETHA), which has drawn in over $4 billion in inflows during July, accounting for approximately 78% of the total inflows into Ethereum ETFs.

Here are some reason

- 🔹Total Inflows: Ethereum ETFs have recorded $5.4 billion in net inflows in July, representing a 369% increase from June's $1.16 billion.

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- 🔹🔹BlackRock's Dominance: ETHA has been the primary driver of this growth, with $4.2 billion in inflows, bringing its total assets under management to $11.37 billion.

- 🔹🔹🔹Assets Under Management: The combined assets of spot Ethereum ETFs have reached $21.52 billion, equivalent to about 5% of Ethereum's total market capitalization.

- 🔹🔹🔹🔹Trading Volume: Monthly trading volumes for Ethereum ETFs soared to $33.87 billion in July, a 236% increase from June's $10.08 billion.

- 🔹🔹🔹🔹🔹Institutional Interest: The significant inflows into Ethereum ETFs indicate growing institutional interest in the asset class, with some analysts predicting further growth potential.

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