Ethereum Spot ETF Sees $84.9 Million Net Inflow, Driven by BlackRock’s ETHA

On May 29th, COINOTAG News reported that investment movements in the cryptocurrency market continue to exhibit significant growth. **Ethereum** spot exchange-traded funds (ETFs) have attracted a remarkable **net inflow** of **$84.9 million**, as indicated by recent data from **Farside Investors**. Among these inflows, **BlackRock’s ETHA** led the charge with a substantial contribution of **$52.7 million**. This development underscores the increasing institutional interest in **Ethereum** as a viable asset class. The sustained investment momentum may signal a shift in market sentiment, aligning with broader trends of mainstream financial adoption of **cryptocurrencies**. Investors are keenly observing these trends, as they could play a crucial role in shaping the future landscape of digital assets.