Recent data shows a significant net inflow of $231.2 million into US-listed Ethereum (ETH) spot exchange-traded funds (ETFs).
Fidelity’s FETH ETF dominated the activity, capturing the vast majority with a single-day net inflow amounting to $210 million.
BlackRock’s competing ETHA ETF was notably flat during the same period, recording zero net inflows or outflows.
In related cryptocurrency ETF developments, the newly launched REX-Osprey Solana (SOL) spot ETF reported a net inflow of $13.4 million, marking its entry into the market.