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US-listed Ethereum ETFs continued their impressive rally with $307.2 million in fresh inflows on August 27, pushing total net assets past $30 billion. BlackRock’s ETHA dominated the flows, capturing nearly 85% of the day’s total. Meanwhile, Bitcoin ETFs recorded modest gains but face significant monthly outflows contrasting sharply with Ethereum’s momentum.
- BlackRock's ETHA captured 85% of Ethereum ETF inflows with $262.23 million on August 27, demonstrating dominant market positioning
- Ethereum ETFs have attracted approximately $4 billion in August alone and are approaching $10 billion in inflows since early July
- Institutional investors increased crypto ETF holdings to $33.6 billion in Q2 2024, signaling growing mainstream wealth management adoption
📎 Related coverage from: cryptoslate.com
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