US-Traded Spot Ethereum ETFs Break Their Own Record with Net Inflow for 19th Consecutive Day! Details Here

US-traded spot Ethereum ETFs attracted a total of $5.38 billion in capital, tying the previous record streak with 19 consecutive days of net inflows. Ethereum ETFs Break Record High with $5.4 Billion in Inflows, Reaching Nearly 5% of Total ETH Supply Previously, the 19-day period from May 16 to June 12 saw only $1.37 billion in inflows. The latest inflows began on July 3, reaching an average of $282.9 million per day. However, Wednesday saw net inflows of just $5.8 million, the lowest daily increase of the series. All eyes are now on whether these inflows will continue on Thursday and set a new record. BlackRock’s ETHA fund led the way in daily inflows with $20.3 million. Grayscale’s ETHE fund added $7.8 million. However, Fidelity’s FETH fund saw $22.3 million in outflows. Other funds saw no inflows. ETHA accounted for 78% of the total with $4.19 billion in inflows over the 19-day period. Fidelity’s FETH fund saw $591.7 million in inflows, and Grayscale’s mini ETH product saw $451 million. Other contributions came from Bitwise ETFW (94.3M), VanEck ETHV (25.6M), Franklin Templeton EZET (18.8M), Invesco QETH (3.7M), and 21Shares CETH (3.4M). Grayscale’s high-fee ETHE fund alone saw $6.5M in outflows, bringing the total inflows since their July 2024 exits to nearly $9.7B. Ethereum ETFs currently hold approximately 5.7 million ETH, or 4.7% of the total supply of 120.7 million. ETHA alone manages $11.6 billion in assets with over 3 million ETH, or 2.5% of the total supply. Meanwhile, US spot Bitcoin ETFs closed the fifth consecutive day with net inflows of $47.1 million on Wednesday, bringing the total inflow to $55.4 billion since the beginning of 2024. *This is not investment advice. Continue Reading: US-Traded Spot Ethereum ETFs Break Their Own Record with Net Inflow for 19th Consecutive Day! Details Here

Source: BitcoinSistemi