Ethereum spot ETFs log $49.6 million net inflow on Aug. 8, extending streak to four days

AI Market Summary
Ethereum spot ETFs saw $49.6m net inflows on Aug 8, extending to four consecutive days, led by BlackRock's ETHA and Fidelity's FETH. Continued creations suggest steady incremental demand through regulated vehicles and support the institutional bid. With ETF NAV at ~$10.7bn (~4.65% of ETH market cap) and cumulative inflows at ~$11.5bn, positioning sensitivity to ETF flow data remains elevated near-term.
Impact level
● Medium
Affected assets
ETH/USDT+0.99%
AI Insight · ETH/USDTAI Insight
▲ Bullish
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Ethereum spot exchange-traded funds posted a combined net inflow of $49.601 million on Aug. 8, according to ChainCatcher citing SoSoValue data. BlackRock's ETHA led all products with $38.1476 million in daily net inflows, bringing its cumulative net inflow to $11.65 billion. Fidelity's FETH ranked second, attracting $11.4535 million on the day; its cumulative net inflow stands at $2.125 billion. As of publication, total net asset value across Ethereum spot ETFs was $10.744 billion. The group's net asset ratio—market value as a share of Ethereum's total market capitalization—was 4.65%. Total cumulative net inflows to date reached $11.455 billion.