Ethereum ETF inflows cross $2.3B in a week as demand intensifies

Ethereum ETFs recorded the most aggressive net inflows since launch, driven by institutional allocations and BlackRock’s dominance.

Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.

Ethereum ETFs have recently experienced an unprecedented streak, pulling in a staggering $2.31 billion over just seven trading days, with inflows peaking on July 22 at $533.8 million. This influx marks a departure from the past months' sluggish activity, driven by a structural demand for long-term ETH positioning rather than mere price fluctuations. What intriguing dynamics emerged between ETF flows and Ethereum's market performance, and how might they signal a new phase for ETH investments? Discover the factors steering this financial tide...