Spot Ethereum ETFs drew $270M in a day, led by BlackRock's ETHA
- —Total daily net inflow into Ethereum ETFs reached $270 million
- —BlackRock's ETHA took in $110 million, $13.07 billion cumulative
- —Fidelity's FETH added $72.96 million, $2.32 billion cumulative
- —ETF net assets hit $17.82 billion, 5.24% of ETH market cap
Why it matters: Sustained inflows into ETH ETFs underpin institutional demand for ether and could add upward pressure on its price.
Source: PANews