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U.S. spot Ethereum ETFs post $60.86 million net inflow on Aug. 5

BlackRock's ETHA led daily inflows as U.S. spot Ethereum funds recorded a second straight day of net additions, according to Farside Investors.

ETH

Summary

U.S. spot Ethereum ETFs recorded about $60.8 million in net inflows on Aug. 5, marking a second consecutive trading day of net inflows and extending demand for regulated Ether exposure. BlackRock's ETHA led the day with about $50.3 million, followed by BlackRock's staking Ethereum fund ETHB with about $4.9 million, Fidelity's FETH with about $2.9 million, Bitwise's ETHW with about $1.4 million and 21Shares' TETH with about $1.3 million, according to Farside Investors.

Terms & Concepts
  • spot Ethereum ETFs: Exchange-traded funds that aim to track Ether by holding the asset directly.
  • net inflows: The amount of money entering a fund after subtracting withdrawals.
  • staking: Locking tokens in a blockchain network to help support operations and potentially earn rewards.