Spot Ethereum ETFs in the US have surpassed $4 billion in cumulative net inflows just eleven months after their launch. BlackRock and Fidelity led the surge, while Grayscale saw significant outflows. The rapid growth highlights increasing institutional and retail interest in crypto-based investment products.
- BlackRock’s ETHA and Fidelity’s FETH dominated inflows, while Grayscale’s ETHE saw $4.28B in outflows.
- The latest $1B inflow occurred in just 15 trading days, accounting for 25% of total net subscriptions.
- Lower fees (0.25% vs. 2.5%) and IRS clarity on staking income fueled the June surge in demand.
📎 Related coverage from: cryptoslate.com
