Ethereum spot exchange-traded funds (ETFs) in the U.S. have logged net inflows for 10 straight trading days, with BlackRock’s ETHA accounting for the entire volume.
According to data from Farside on May 30, U.S.-listed Ethereum spot ETFs saw a total net inflow of $70.2 million.
Notably, all of that capital flowed into ETHA, BlackRock’s product, while other ETFs recorded no activity—neither inflows nor outflows.
Despite this strong institutional interest, ETH is trading at approximately $2,520 on Binance’s USDT pair, reflecting a 4% decline compared to the previous day.
The divergence between ETF inflows and price action highlights the current volatility in the broader crypto market.
Kosta Gushterov
Reporter at Coindoo
Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.
Source: https://coindoo.com/blackrock-dominates-in-ethereum-etfs-extend-inflow-streak/