Key Takeaways:
- Spot Ethereum ETFs recorded their 20th straight day of net inflows, the longest streak since their debut.
- Over $5.4 billion flowed into ETH ETFs during the 20-day run, led by BlackRock and Fidelity.
- The trend reflects a rotation from Bitcoin to Ethereum, as Bitcoin ETF inflows slow.
Ethereum ETFs Mark Historic Inflow Milestone
Spot Ethereum ETFs continued to demonstrate their bullish nature, recording their 20th consecutive day of net inflows on Thursday, August 1. The streak represents the longest and most significant inflow period for these financial products since inception.
According to SoSoValue data, a $17 million net inflow was recorded on Thursday alone. BlackRock’s ETHA topped the list with an $18.2 million lead, followed by Fidelity’s FETH with $5.62 million. But the picture would not be complete without mentioning that these were counterbalanced by $6.8 million in outflows from Grayscale’s ETHE.
Net inflows over these 20 days were $5.4 billion, thus smashing the previous 19-day record from May to June, which recorded $1.37 billion. Such a consistent performance confirms that institutional and retail investors still hold a keen interest in the Ethereum-based investment vehicle.
Bitcoin to Ethereum Rotation Boosts ETF Growth
Everyday growing investor Believers biggher shifts into Ethereum after Bitcoin’s recent run above 123K. The shift was underlined by a net outflow from spot Bitcoin ETFs of $114.83 million on Thursday, which shows a clear reduction in the BTC-flavored products.
Ether ETFs are 4.77% of the whole ETH cap, with $21.52 billion net assets. The momentum behind this is investor confidence; also, the regulatory environment is changing.
The text suggests that “most crypto assets are not securities,” which is good news for those who fear compliance. Besides, issuers like Grayscale and Franklin Templeton are not only filing ETFs for coins such as Solana, XRP, and Dogecoin but also indicating a forthcoming era of spot crypto ETFs.
Summary
Over the past 20 days, there has been uninterrupted inflow into spot Ethereum ETFs, which strongly indicates that Ethereum is becoming more popular with institutional investors, especially because the market for Bitcoin ETFs has cooled down. More than $5.4 billion has been invested in Ethereum along with positive regulatory signals making it a solid choice for digital asset investment.
Also Read: Why Did Crypto Crash Today? Tariffs Trigger $1B Sell-Off
