Ether ETFs see record $1B inflows as ETH flashes bull signs

Key Points

1. Spot Ether ETFs saw their largest single-day net inflow of $1.01 billion, significantly outpacing Bitcoin ETFs, which recorded $178 million.

2. BlackRock's iShares Ethereum Trust ETF (ETHA) led with $640 million in inflows, followed by Fidelity Ethereum Fund (FETH) with $277 million.

3. Ether's price surged 45% in the past 30 days, and exchange holdings dropped to a 9-year low of 15.28 million ETH, indicating long-term storage trends.

4. Ether ETFs have purchased over 50% of the ETH issued since the Merge in late 2022, totaling 238,000 ETH in a single day.

5. Market observers note bullish indicators but urge caution, as Ethereum co-founder Vitalik Buterin and others highlight potential risks despite the rally.