
Spot Ethereum ETFs Have Just Set a New Inflow Record
In a groundbreaking milestone, spot Ethereum exchange-traded funds (ETFs) listed in the United States have achieved an unprecedented net inflow record by attracting almost $1.4 billion over a 19-day consecutive streak from May 16 to June 12. This remarkable achievement replaces the previous high of 18 straight inflows set between November 22 and December 18, 2024, where approximately $2.5 billion was amassed.
As per Farside Investors’ data, this prolonged inflow period started with a modest $35 million on May 16, before surging to over $1 billion by May 29, and culminated at nearly $1.38 billion following an additional $54 million influx on June 12. It is worth noting that the single highest daily intake of $110.5 million took place on May 22.
The most impressive aspect of this streak is the average daily inflow of roughly $73 million per session, with each of the nine US spot Ether ETFs contributing to this extraordinary achievement. BlackRock’s ETHA registered the most flows for the period, accounting for nearly 70% of the total.
It appears that institutional demand has stabilized after a brief price consolidation in early February and March prompted outflows. Farside Investors reported a remarkable bounce-back as investors regain confidence and re-engage with Ethereum-linked products.
Source: cryptoslate.com