US Ethereum ETFs Record 4 Consecutive Weeks Of Positive Inflows — Details

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Ethereum ETFs: From Rags to Riches! 💰✨

Ah, what a dreadful beginning to the year it was! Yet, lo and behold, the United States-based spot Ethereum ETFs (exchange-traded funds) have performed a miraculous transformation in recent weeks. This delightful turn of events reflects the newfound optimism among Ethereum investors since the dawn of the second quarter! 🎉

Ethereum ETFs Celebrate 15 Days of Capital Inflows!

According to the wise sages at SoSoValue, the US Ethereum ETFs have basked in a net inflow of \$25.22 million on the fateful Friday of June 6. This splendid daily performance marks the 15th consecutive day of capital inflows — a streak so impressive, it is the second-longest since their grand debut in July 2024! 🥳

Our dear BlackRock’s iShare Ethereum Trust (ticker: ETHA) has been the belle of the ball, accounting for the lion’s share of inflows on that day, with a dazzling \$15.86 million to close the week. Meanwhile, Grayscale’s Ethereum Mini Trust (ETH) managed to scrape together a modest \$9.37 million, proving that every little bit counts! 🐭

This single-day performance of \$25.22 million has propelled the total net weekly inflow to a staggering \$281 million over the past week, marking the fourth consecutive week of capital influx for these Ethereum-based products. Just last week (May 26 to May 30), the Ethereum ETFs had a similar tale to tell, with a total net inflow of \$285.84 million. Quite the spectacle, wouldn’t you agree? 🎭

Ethereum ETFs Performance

Market data reveals that the US-based spot Ethereum ETFs have amassed a whopping \$856.81 million in total net inflows over these four weeks. Clearly, investors are now gazing upon Ethereum with a twinkle in their eyes! 💖

Unsurprisingly, this positive shift in sentiment has been mirrored in the price performance of ETH. The altcoin has seen a resurgence in interest and demand, with its value soaring by more than 15% in the last 30 days. As of this very moment, the Ethereum price stands at approximately \$2,521, reflecting a modest increase of over 1% in the last 24 hours. However, according to the wise folks at CoinGecko, the altcoin’s value has dipped by 0.8% over the past week. Ah, the fickle nature of fortune! 😅

Bitcoin ETFs: The Slowdown Saga

Meanwhile, the spot Bitcoin ETFs in the US had their own little streak going for most of last month, but alas, it came to an end on Friday, May 29. Since then, these crypto-linked financial products have experienced a rather mixed bag of daily inflows and outflows. 🎢

According to the ever-reliable SoSoValue, the Bitcoin exchange-traded funds recorded a net outflow of \$128.81 million in the past week. On that fateful Friday, the BTC ETFs saw a total of \$47.82 million withdrawn, bringing the trading week to a rather gloomy conclusion. 😔

Bitcoin ETFs Performance

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2025-06-08 23:14