Ethereum Sees Largest Monthly Gain Since 2022 Amid ETF Approvals

Spot Ethereum ETFs achieved a historic $5.43 billion in net inflows in July, marking a 369% increase from June and solidifying Ethereum's position in the digital asset market.

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Summary

In July, spot Ethereum ETFs recorded $5.43 billion in net inflows, the highest since their debut and a 369% increase from June’s $1.16 billion. Cumulative net inflows now total $9.64 billion, while total net assets across all spot ETH ETFs reached $21.52 billion. The price of ETH surged nearly 60% during the month, closing at $3,698, driven by strong investor interest and ETF activity.

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