Ethereum ETFs attracted $1.42 billion in net inflows over a 10-day streak from August 17 to 27, marking sustained institutional support since their launch in July 2024. BlackRock’s ETHA product was the primary driver, accounting for approximately 72% of the total inflows during this period. Concurrently, Bitcoin ETFs’ nine-day inflow streak ended with a net outflow of about $202 million on August 28. Cumulative net inflows into Ethereum ETFs have now surpassed $12 billion since inception, while Bitcoin ETFs have accumulated over $54 billion.
Source: Read the original article

