Ethereum Spot ETF Sees $38.8 Million Net Inflow in the U.S. for Seventh Day Running

COINOTAG News reports on May 28th that recent data from Farside Investors highlights a significant development in the crypto market, with a notable net inflow of Ethereum spot ETFs in the United States totaling $38.8 million. This marks the seventh consecutive day of net inflows, reflecting increasing investor confidence in Ethereum’s market position. The inflow is predominantly driven by leading players, with Grayscale ETHA accounting for a substantial $32.5 million, followed by Fidelity FETH with $3.4 million and VanEck ETHV contributing $2.9 million. These figures not only underscore the growing interest from institutional investors but also signal a robust trend towards incorporating Ethereum into diversified investment portfolios amid a rapidly evolving financial landscape.