Ethereum Spot ETFs Dey See $35M Inflows, AUM Don Pass $20.6B
For August 6, Ethereum spot ETFs collect net money stream wey total US$35.12 million, marking second day wey dem get positive flow and show say institutional demand dey steady. BlackRock ETHA lead with fresh capital of US$33.39 million—lift the total net inflow go US$9.489 billion. Grayscale ETHE get US$10.04 million flow even when the full net outflow reach US$4.353 billion, and Grayscale Mini Ethereum Trust see outflow of US$8.67 million. ARK 21Shares CETH add small US$0.37 million. Total assets wey Ethereum spot ETFs manage reach US$20.608 billion, na 4.7% of ETH market cap, with total net inflows wey reach US$9.132 billion. Traders dey look these flows as good signal for Ethereum liquidity and price momentum, e mean market stability go fit increase plus possible gains both short and long term.
Bullish
Persistent net inflows inside Ethereum spot ETFs by big asset managers like BlackRock and Grayscale dey show sey institutional confidence dey grow plus strong demand, wey support Ethereum liquidity plus hold price levels firm. For short term, continued ETF inflows fit push price upward through arbitrage systems and added buying pressure. For long term, the increase for assets under management plus repeated positive flows go improve market stability and adoption, dey strengthen Ethereum valuation plus open road for more institutional products.