The continued success of Spot Ethereum ETFs in the US has resulted in the cumulative net inflows reaching $9.333 billion from launch, adding $452.72 million on Friday alone, according to SoSoValue.
Black Rock’s Eta regains its top spot
BlackRock’s Ishares Ethereum Trust (ETHA) has regained its position as the dominant etheric ETF, leading the market with $440 million in net daily inflows. Etha currently manages $10.69 billion in assets, accounting for the largest share of US ETHETFs. Bitwise’s ETHW continued at $9.95 million, while Fidelity’s Feth recorded $70 million.
However, Grayscale’s Ethe remained in the red, flowing $23.49 million on Friday. That total spill reached an astounding $42.9 billion. This records the worst loss of ether ETFs. Despite Ethe’s struggle, the total assets of all US Spot Ether ETFs now reach $20.66 billion, equivalent to 4.64% of Ethereum’s market capitalization.
Daily contributions have shown stability through a 16-day streak of victory, peaking at $726.74 million on July 16th, delivering consistently more than $300 million sessions. Since July 2, net inflows have more than doubled from $4.25 billion to $9.333 billion, bringing surges in investor confidence.
As investors continue to speculate about the future of ether in regulatory applications, staking, and the broader smart contract utilities, an increase in interest is driven primarily by an increased institutional demand. This illustrates the shift in deepening to Ethereum as a long-term value asset in the digital economy.
Meanwhile, the Spot Bitcoin ETF recorded a net inflow of $130.69 million on Friday. The rebound came after a few days of unstable days due to a loss of $131.35 million on July 21, $67.93 million on July 22, and $85.96 million on July 23.
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