ETH ETFs See Record Inflows on Bull Market Hopes

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Spot Ether ETFs had their biggest net inflow day ever on Monday, outpacing their Bitcoin counterparts amid ETH's recent rally.

Spot Ether exchange-traded funds (ETFs) recorded their biggest day of net inflows ever on Monday, with flows across all funds totalling $1.01 billion.

The development came as many key indicators had turned bullish and Ether gained 45% in the past 30 days.

Inflows into Ether ETFs far exceeded those of their Bitcoin counterparts, which saw a net inflow of $178 million on Monday, according to Farside Investors.

For the Ether funds, BlackRock's iShares Ethereum Trust ETF (ETHA) attracted the lion’s share of flows, with a record $640 million going into the fund.

The Fidelity Ethereum Fund (FETH) was the runner-up and also recorded its largest single-day inflow, taking in $277 million.


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