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Crypto Market News

06/12 14:27

Ethereum ETF Inflows Hit 4-Month High As ETH Domin

Ethereum ETF Inflows Hit 4-Month High As ETH Dominance on BTC Grows

Spot Ethereum ETFs in the US hit a four-month high with $240.7 million in inflows, marking the 18th consecutive day of ETH investments.Ethereum-ETF-Inflows-Shoot-100M-BlackRocks-ETHA-Up-45-768x512.webp
  • BlackRock Ethereum ETF (ETHA) dominated the market, holding 1.56 million ETH and surpassing $5 billion in AUM.
  • Institutional capital rotation from BTC to ETH underscores growing investor confidence in Ethereum’s prospects.
  • Ethereum continues to outperform Bitcoin, with the ETH/BTC pair breaking out strongly.

Spot Ethereum ETF inflows in the US touched a four-month high, hitting $240.7 million, with the BlackRock iShares Ethereum Trust (ETHA) dominating the ETF market once again. This is the 18th consecutive day of inflows in Ether ETFs as ETH continues to gain dominance over BTC in the past month. This shows that institutions are accumulating the asset class heavily as on-chain ETH activity flips bullish.

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