The US-listed Ethereum Exchange Trade Fund (ETF) continued its positive momentum on August 27, adding a fresh inflow of $307.2 million.
BlackRock’s ETHA accounted for the lion’s share, accounting for nearly 85% of the daily total, subtracting $262.23 million, according to SOSO Value Data.
Fidelity’s Feth and Grayscale’s ETH contributed to $20 million and $1505 million respectively, while Grayscale’s Ethe and Vaneck’s Veth added a small sum of $5.65 million and $3.35 million.
Meanwhile, this inflow marked the trading day of nine products for the fifth consecutive year. Cumulatively, the Spot Ethereum ETF has attracted approximately $1.83 billion inflows over the last five-day run, reflecting a significant institutional appetite for its assets.
Speaking about this trend, Nate Geraci, president of advisory firm Novadius Wealth, highlighted the broader pace of investment.
“(Ethereum ETFs gathered) $4 billion in August, and it’s approaching $10 billion since the beginning of July.”
With these additions, Ethereum ETF currently has a net worth of $30.17 billion, supporting a cumulative net inflow of $13.64 billion since its launch in 2024.
Bitcoin ETFS Lag Ethereum Counterpart
While Ethereum products are leading the influx race, Spot Bitcoin ETF also recorded profits, hitting $81.3 million on the same day. In particular, this is their third straight session influx.
According to data, BlackRock’s IBIT led with $5,073 million, while Fidelity’s FBTC led with $14.65 million.
Other funds, such as Invesco’s BTCO and Franklin’s EZBC, collected $6.71 million and $6.48 million, respectively, while Ark’s ARKB added $5.58 million. However, Bitwise’s BITB recorded a $3.05 million outflow.
Despite this daily increase, Bitcoin ETF recorded more than $800 million this month, in contrast to a massive inflow of Ethereum counterparts.
Still, since its launch, Bitcoin ETF has retained a cumulative footprint of $1445.7 billion under a net inflow of $541.9 billion and a $1445.7 billion control.
These figures can be attributed to significant institutional benefits that funds have recorded in the past.
Encryption Previously, institutional investors reported that they increased their ETF holdings to $33.6 billion in the second quarter, driven by new investments from Financial Advisors.
According to Kronos Research, Financial Advisors’ BTC ETF Holdings shows that top-level cryptography is embedded in mainstream wealth management.