Ethereum News Today: U.S. Spot Ethereum ETFs Add $639.6M in Inflows Extending 8-Day Streak

U.S. spot Ethereum ETFs added $639.6 million in net inflows on Thursday, extending an unprecedented eight-day streak of positive flows, according to SoSoValue data [1]. The latest inflow brings the cumulative total to $3.71 billion over the past eight trading sessions, highlighting sustained investor interest in the digital asset class. The streak began with a record $1.02 billion inflow on Monday—the largest single-day inflow since the products launched.

Among the ETFs, BlackRock’s iShares Ethereum Trust (ETHA) attracted the lion’s share of Thursday’s inflows, with $519.7 million. The Grayscale Ethereum Mini Trust followed with $60.7 million, and Fidelity’s Fidelity Ethereum Fund (FETH) added $56.9 million. Invesco’s ETF also reported positive, though smaller, inflows [1]. These figures underscore the ETFs’ growing role in institutional and retail investment strategies.

Ethereum’s price action has mirrored the inflows. As of Friday morning, the token was trading at $4,612, down 2.6% in the past 24 hours, but up 18.6% for the week [1]. The upward momentum has led Standard Chartered analysts to revise their year-end price target for Ethereum to $7,500, nearly double their previous forecast of $4,000 [1]. The move reflects increasing confidence in Ethereum’s fundamentals and broader adoption across the crypto ecosystem.

The inflow trend has also extended to spot Bitcoin ETFs, which saw $230.9 million in net inflows on Thursday—more than double the $86.9 million recorded the previous day [1]. While Ethereum continues to outpace Bitcoin in terms of inflow volume, both asset classes are seeing a growing allocation of capital from investors seeking exposure to digital assets through regulated, institutional-grade vehicles.

The sustained inflows into spot Ethereum ETFs signal a maturing market, where traditional investment vehicles are increasingly being used to access crypto assets. Analysts note that multi-day inflow streaks are often linked to institutional participation and long-term positioning, especially when accompanied by strong performance in the spot market [1]. As these ETFs continue to attract capital, they are reshaping the landscape of digital asset investment, making it more accessible and structured for a wider range of market participants.

Source:

[1] The Block (https://www.theblock.co/post/367083/spot-ethereum-etfs-log-639-million-inflows)