Markets· ★★★· bullish·

Spot Ethereum ETFs draw $105M in fourth straight day of inflows

  • Net inflows into Ethereum ETFs hit $105M on Sept 23, a fourth straight positive day
  • BlackRock's ETHA took in $50.8M, bringing lifetime inflows to $13.21B
  • Fidelity's FETH added $41.3M, with lifetime inflows at $2.4B
  • Total Ethereum ETF net assets stand at $17.5B, or 5.37% of ETH market cap
Why it matters: Four consecutive days of inflows point to returning institutional demand for ETH after the recent correction.
Source: PANews