Spot Ether ETFs Draw $3B Early August, ETH Tops $4,765 High

Spot Ether ETFs recorded over $3 billion in net inflows during early August, marking the second-strongest month since launch. Weekly inflows topped $2.9 billion with a daily peak of $1 billion on Monday. The seven Spot Ether ETF products now hold a record $29.22 billion in assets under management. ETH prices rallied to a yearly high of $4,765 before settling above $4,600, up nearly 20% on the week. Since launch, Spot Ether ETFs have amassed $12.73 billion in cumulative net inflows and posted five consecutive months of inflows. On Thursday, BlackRock’s ETH ETF led with $519.68 million of inflows, followed by Grayscale’s trust and Fidelity’s fund. Market strategists at Fundstrat project ETH could reach $12,000–$15,000 by year-end, citing strong macro demand. Rising Spot Ether ETF inflows and the ETH price rally underscore growing institutional interest in regulated Ethereum exposure.