Ethereum Spot ETF Sees $77.5 Million Net Inflow Driven by BlackRock and Fidelity Investments

According to COINOTAG News on June 28th, data from Farside Investors reveals a significant net inflow of $77.5 million into the US Ethereum Spot ETF market. The inflows were predominantly driven by BlackRock’s ETHA fund, which attracted $48.1 million, followed by Fidelity’s FETH with $28.9 million. Additionally, 21 Shares’ CETH recorded a modest inflow of $0.5 million. This data underscores growing institutional interest in Ethereum-based investment vehicles, highlighting the increasing adoption of spot ETFs as a strategic asset allocation tool within the crypto investment landscape.

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Source: https://en.coinotag.com/breakingnews/ethereum-spot-etf-sees-77-5-million-net-inflow-driven-by-blackrock-and-fidelity-investments/