Ethereum Spot ETFs See Continued Inflows, Total Assets Reach $8.7 Billion

According to PANews, data from SoSoValue indicates that on May 20, Eastern Time, Ethereum spot ETFs experienced a net inflow of $64.89 million, marking the third consecutive day of positive inflows. Among these, BlackRock's ETHA saw a net inflow of $45.04 million, while Fidelity's FETH recorded a net inflow of $19.84 million. Currently, the total assets of Ethereum spot ETFs in the market amount to $8.7 billion, representing 2.87% of Ethereum's total market capitalization. The historical cumulative net inflow stands at $2.59 billion.