US Spot Ethereum ETF Sees $225.8 Million Net Inflow in a Single Day, Hitting 10-Month High

The US spot Ethereum ETF recorded a net inflow of $225.8 million on Thursday, marking the strongest single-day performance in 10 months and extending the consecutive net inflow record to nine trading days. Since August 17, the total inflow has reached $1.42 billion, with BlackRock's ETHA fund contributing $1.02 billion, accounting for 72% of the total inflow, and no net selling occurring during this period. Fidelity's FETH became the second-largest inflow source with $56 million, while BlackRock's staked Ethereum product ETHB added $20.7 million on the same day. The inflow gap between Ethereum ETFs and Bitcoin ETFs has narrowed to nearly parity, with Bitcoin ETFs seeing an inflow of $242.3 million on Thursday, just $16.5 million more than Ethereum. Ethereum was priced at approximately $2,477 on Friday, down 0.5% in 24 hours, with a weekly increase of about 5%. The funds primarily came from outside the crypto space, with an inflow of $713.6 million this week, possibly driven by an increase in risk appetite in traditional markets. Ethereum's spot trading volume has fallen back to the 16th percentile year-on-year, and if the market is to maintain its upward trend, a rebound in spot trading volume is needed.

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