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Ethereum

BlackRock Dominates in Ethereum ETFs Extend Inflow Streak

BlackRock Dominates in Ethereum ETFs Extend Inflow Streak

Ethereum spot exchange-traded funds (ETFs) in the U.S. have logged net inflows for 10 straight trading days, with BlackRock’s ETHA accounting for the entire volume.

According to data from Farside on May 30, U.S.-listed Ethereum spot ETFs saw a total net inflow of $70.2 million.

Notably, all of that capital flowed into ETHA, BlackRock’s product, while other ETFs recorded no activity—neither inflows nor outflows.

Despite this strong institutional interest, ETH is trading at approximately $2,520 on Binance’s USDT pair, reflecting a 4% decline compared to the previous day.

The divergence between ETF inflows and price action highlights the current volatility in the broader crypto market.

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Reporter at Coindoo

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