Ethereum spot ETFs draw $116 million on Aug. 24, extending inflow streak to six days
AI Market Summary
Ethereum spot ETFs posted $116m net inflows on Aug 24, extending inflows to six consecutive sessions. BlackRock's ETHA led with ~$90.9m, reinforcing sustained institutional allocation, while Grayscale's Ethereum Mini Trust added ~$12.5m. Total ETH spot ETF NAV rose to ~$14.74b (~4.93% of ETH market cap) with cumulative inflows of ~$12.27b, supporting near-term demand and liquidity conditions for ETH.
Impact level
● Medium
Affected assets
ETH/USDT+1.15%
AI Insight · ETH/USDTAI Insight
▲ Bullish
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Ethereum spot ETFs posted net inflows of $116 million on Aug. 24 (U.S. Eastern Time), according to SoSoValue data cited by Odaily Planet Daily.
BlackRock's iShares Ethereum Trust (ETHA) led the group with $90.9162 million in single-day net inflows, lifting its cumulative inflows to $12.261 billion. Grayscale's Ethereum Mini Trust ETF (ETH) ranked second, attracting $12.4965 million on the day and bringing its historical net inflows to $1.862 billion.
As of publication, Ethereum spot ETFs held total net assets of $14.739 billion. The category's net asset ratio—ETFs' market capitalization as a share of Ethereum's total market cap—stood at 4.93%, while cumulative net inflows since launch reached $12.266 billion.
