Ethereum Spot ETFs See $35M Inflows, AUM Tops $20.6B
On August 6, Ethereum spot ETFs recorded a combined net inflow of US$35.12 million, marking a second consecutive day of positive flows and reflecting sustained institutional demand. BlackRock’s ETHA led with US$33.39 million of fresh capital—lifting its cumulative net inflow to US$9.489 billion. Grayscale’s ETHE attracted US$10.04 million despite a total net outflow of US$4.353 billion, while Grayscale’s Mini Ethereum Trust saw an US$8.67 million outflow. ARK 21Shares’ CETH added US$0.37 million.
Total assets under management for Ethereum spot ETFs reached US$20.608 billion, equal to 4.7% of ETH’s market cap, with cumulative net inflows at US$9.132 billion. Traders view these flows as bullish indicators for Ethereum’s liquidity and price momentum, suggesting increased market stability and potential gains in both the short and long term.
Bullish
Sustained net inflows into Ethereum spot ETFs by major asset managers like BlackRock and Grayscale indicate growing institutional confidence and robust demand, supporting Ethereum’s liquidity and underpinning price levels. In the short term, continued ETF inflows can drive upward price momentum through arbitrage mechanisms and added buy-side pressure. Over the long term, rising assets under management and repeated positive flows enhance market stability and adoption, reinforcing Ethereum’s valuation and paving the way for further institutional products.