Ethereum’s rebound accelerated after U.S. spot ETH ETFs recorded $547 million in net single-day inflows, ending a five-day outflow streak. Fidelity’s FETH led with $202 million, while BlackRock’s ETHA contributed $154 million.
ETH ETFs now oversee about $27.5 billion, around 5.4% of the circulating market cap, indicating renewed institutional interest as the price regained the $4,000 psychological level.
The turnaround coincided with over $1 billion in combined inflows into U.S. Bitcoin and Ethereum ETFs, boosting risk appetite across major assets.
Smart Money Accumulates Ethereum (ETH) as Reserves Fall
On the balance-sheet front, institutions continue increasing their exposure. BitMine Immersion Technologies disclosed a 2.65 million ETH corporate treasury, the largest tracked among it