ETH Spot ETF, Continuous Inflow For Three Days…Focus On BlackRock ‘ETHA’

Investment funds are continuously flowing into the Ethereum (ETH) spot ETF market, confirming strong demand. According to Farside Investor, on July 1st (local time), a total of $40.7 million (approximately 55.3 billion KRW) were net-inflowed into ETH spot ETFs in the U.S. This marks a net inflow record for three consecutive trading days.

Particularly, BlackRock's ‘ETHA’ ETF alone attracted $54.8 million, showcasing clear absorption power. On the other hand, Fidelity's ‘FETH’ ETF saw a net outflow of $24.1 million, showing a contrasting trend.

As fund movements between ETFs are becoming more active, the market share competition between BlackRock and Fidelity is expected to intensify. The industry evaluates that institutional demand for Ethereum has been gradually expanding since the approval of spot ETFs, and the extent to which this influx continues will be a major point of interest in the future.