U.S.-listed spot Ethereum ETFs attracted over $240.3 million in net inflows on Wednesday, significantly outpacing the $164.5 million that flowed into spot Bitcoin ETFs.
U.S.-listed spot Ethereum ETFs drew in over $240.3 million on Wednesday, compared to the $164.5 million that flowed into spot Bitcoin ETFs on the same day, data from Farside showed.
The strong interest in Ethereum continues, with the 18th consecutive day of positive flows into ETH-based exchange-traded products.
BlackRock’s iShares Ethereum Trust (ETHA) led the way with $160 million, followed by Fidelity’s FETH with $37 million. Grayscale’s two Ethereum products, its Mini Trust and the flagship ETHE fund, brought in a combined $32 million. Bitwise’s ETHW fund also added $6 million to the total.
This latest inflow streak pushes cumulative capital additions over the past few weeks to roughly $1.2 billion. June 11 now ranks as the strongest day for Ethereum ETF inflows since February 2, when the sector posted a record $300 million in a single session.
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The sustained demand reflects the increasing preference for Ethereum among institutional investors, especially as they gain access to spot ETF products. As ETH continues to garner interest in the ETF realm, further capital shifts from Bitcoin to Ethereum could unfold, aligning with broader crypto asset diversification strategies.
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