Spot Ethereum ETFs log $49.6 million net inflow on Aug. 7, extending streak to four days
AI Market Summary
Spot Ethereum ETFs posted a $49.6m net inflow on Aug 7, extending inflows to four consecutive sessions. BlackRock's ETHA led with $38.1m and Fidelity's FETH added $11.5m, keeping cumulative inflows elevated. With total ETF NAV at $10.74bn (4.65% of ETH market cap), steady creations signal incremental institutional demand and can tighten near-term spot supply dynamics.
Impact level
● Medium
Affected assets
ETH/USDT+0.99%
AI Insight · ETH/USDTAI Insight
▲ Bullish
Trade now
⚠️ AI-generated insights are based on news content and are provided for informational purposes only. They do not constitute investment advice or represent the views of BingX. Investing involves risk. Please trade responsibly.
Huo Xing Finance, citing SoSoValue data, reported that spot Ethereum ETFs posted a combined net inflow of $49.601 million.
BlackRock's ETHA led daily inflows with $38.1476 million, bringing its cumulative net inflow to $11.65 billion. Fidelity's FETH followed with a $11.4535 million net inflow, lifting its cumulative total to $2.125 billion.
At the time of reporting, spot Ethereum ETFs had total net assets of $10.744 billion. The ETF net asset ratio—their market value as a share of Ethereum's total market capitalization—stood at 4.65%. Cumulative net inflows across spot Ethereum ETFs reached $11.455 billion.
