On November 8, BlackRock’s Ether ETF (ETHA) saw impressive inflows of $60.3 million, the highest since August 6. This is a positive sign as Ether’s price nears $3,000, its highest level since August.
Over the past 7 days, total inflows into ETHA reached $84.3 million. Other Ether ETFs also reported significant inflows: Fidelity’s FETH with $18.4 million, VanEck’s ETHV with $4.3 million, and Bitwise’s ETHW with $3.4 million.
This success comes shortly after BlackRock’s Bitcoin ETF surpassed $1 billion in daily inflows for the first time since its launch in January. IBIT now accounts for nearly 82% of total Bitcoin ETF inflows in the U.S., reaching $1.34 billion.
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