US Spot Ethereum ETFs See Significant Inflow Surge

The US spot Ethereum ETF market has experienced a significant shift with a $101.2 million net inflow recorded on May 1. This marks a decisive break from a four-day outflow streak that had raised concerns about waning interest in crypto ETFs.

The inflow is attributed to renewed institutional buying, driven by price stabilization and strategic rebalancing. Major funds from BlackRock and Fidelity led the charge, attracting the bulk of the $101.2 million inflow.