Isabella García
Spot Ethereum ETFs in the U.S. recorded $443.9 million in net inflows on Monday, marking their third straight day of positive momentum.
Data from SoSoValue shows that BlackRock’s ETHA led the charge with $314.9 million, followed by Fidelity’s FETH at $87.4 million. Additional gains came from Grayscale’s Mini Ethereum Trust and funds managed by Bitwise, 21Shares, and Invesco.
What stands out is that Ethereum ETFs attracted more than double the inflows compared to spot Bitcoin ETFs on the same day.
Nick Ruck, director at LVRG Research, commented: “ETH ETFs are outperforming BTC ETFs due to yield opportunities, clearer regulation, and growing adoption among corporate treasuries. This highlights a notable shift toward Ethereum.”
Bitcoin ETFs Turn Positive After Outflow Streak
Alongside Ethereum’s success, spot Bitcoin ETFs also saw a rebound, with $219 million in net inflows spread across BlackRock, Fidelity, and four other funds. This marked their first positive daily flow after six consecutive days of outflows.
Market Conditions: Bitcoin Slips, Ethereum Falls Harder
Despite the ETF inflows, the broader crypto market showed weakness. Bitcoin dropped below $110,000 for the first time in over six weeks, while Ethereum and other altcoins posted even sharper losses.
Analysts note that optimism following Fed Chair Jerome Powell’s dovish comments last Friday has faded, pushing investors into a risk-off environment.
Institutional Confidence Remains Strong
Ruck emphasized that inflows into both Bitcoin and Ethereum ETFs demonstrate resilience: “Even with declining prices, institutional demand for crypto ETFs remains firm, showing long-term confidence in digital assets.”
