Ethereum Spot ETF Sees Record $91.9 Million Inflow as BlackRock and Fidelity Lead New Investments

On May 30, recent data from Farside Investors revealed a significant surge in the **Ethereum spot ETF** market within the United States, with **net inflows** reaching an impressive **$91.9 million**. This influx includes **$50.4 million** attributed to the **BlackRock ETHA** fund and **$38.3 million** for the **Fidelity FETH** ETF. The robust demand reflects growing institutional interest in Ethereum as a viable asset class, highlighting its potential in the evolving landscape of **cryptocurrency investments**. As adoption increases, these figures underscore the ongoing shift towards formalized financial instruments within the crypto space, positioning Ethereum as a prominent player. Investors and market analysts alike are encouraged to monitor these trends, as they can influence broader market dynamics and investment strategies moving forward.