Ethereum (ETH) is attracting unprecedented attention as spot ether exchange-traded funds (ETFs) continue to draw substantial inflows, signaling a shift in institutional and retail investor preferences. On Aug. 21, U.S. ether ETFs recorded $287.6 million in net inflows, ending a four-day outflow streak and marking renewed confidence in the digital asset. BlackRock’s iShares Ethereum Trust (ETHA) led the inflows with $233.5 million, while Fidelity’s FETH added $28.5 million, according to data from SoSoValue and Farside Investors. This brought the total assets under management in Ethereum ETFs to over $27.6 billion, with the funds now holding approximately 5.31% of the circulating supply of ETH [1].
The surge in ETF inflows coincides with Ethereum’s record-breaking price performance. ETH surpassed its November 2021 high, reaching $4,867 on Coinbase as of Friday, a 250% increase…
