Spot Ethereum ETFs in the US recorded five consecutive days of net inflows, totaling approximately $746.5 million by September 24. On the final day of this period, the funds collectively added $66.1 million with no recorded outflows.
The iShares Ethereum Trust from BlackRock led the daily inflows on September 24 with $26.8 million. Fidelity’s FETH followed with $21.5 million, while the Grayscale Ethereum Mini Trust attracted $17.8 million.
The recent five-day streak, which included sessions from September 18 to September 24, brought cumulative net inflows since the launch of these products to roughly $13.85 billion. Total assets under management for the category reached approximately $17.7 billion.
Current assets under management represent about 5.39% of the total market capitalization of Ethereum. While these figures show growth, they remain significantly lower than the capital attracted by Bitcoin spot ETFs since their launch in January 2024.
Market demand is being influenced by the introduction of staking-enabled Ethereum ETF products. These instruments allow investors to earn yield on their holdings, addressing previous concerns regarding the lack of staking rewards in standard spot ETF wrappers.
