US ETH Spot ETF Sees $533.8M Inflow Led by BlackRock’s ETHA Amid Bitcoin Spot ETF Outflows

On July 23, data from Farside Investors revealed a significant net inflow of $533.8 million into the US Ethereum (ETH) spot ETF market, underscoring growing institutional interest. Notably, BlackRock’s ETHA fund accounted for a substantial portion of this influx, registering a net inflow of $426.2 million. In contrast, the Bitcoin (BTC) spot ETF experienced a net outflow totaling $68 million on the same day. BlackRock’s IBIT fund reported no net change, marking the second consecutive day of outflows in the Bitcoin spot ETF segment. This divergence highlights a shifting preference among investors towards Ethereum-based products amid evolving market dynamics.