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Spot ether ETFs snap seven-day outflow streak with $53 million net inflow

Spot ether exchange-traded funds recorded $53 million in net inflows on Wednesday, breaking a seven-day stretch of redemptions as BlackRock led issuer purchases.

A physical gold Ethereum token standing upright against a dark background with green light trails.
Image: @WhaleInsider

Spot ether exchange-traded funds brought in $53 million in net inflows on Wednesday, snapping a seven-day streak of negative flows, according to The Block.[3]

Crypto Briefing reported that BlackRock spearheaded the $53.02 million in Ethereum ETF inflows, suggesting potential renewed investor confidence despite concentrated buying and recent market volatility. Whale Insider separately reported that BlackRock and other ETF issuers bought a combined $53.02 million worth of ETH.[1][2]

Across the broader crypto ETF market, spot bitcoin funds also finished Wednesday in the green, logging $74.6 million in net inflows. That positive total came despite BlackRock's iShares Bitcoin Trust (IBIT) shedding $201.2 million during the session.[3]

Key facts

  • Spot ether ETFs logged $53 million in net inflows on Wednesday, ending a seven-day streak of outflows.
  • BlackRock and other ETF issuers bought a combined $53.02 million worth of ETH, with BlackRock leading the inflows.
  • Spot bitcoin ETFs generated $74.6 million in net inflows on Wednesday.
  • BlackRock's spot bitcoin ETF, IBIT, shed $201.2 million on Wednesday.

Sources · 3 sources

  1. CB

    Crypto BriefingArticle ·

    BlackRock leads $53.02 million Ethereum ETF inflow, ending a weeklong outflow streak The inflow led by BlackRock signals potential renewed investor confidence in Ethereum ETFs, despite recent volatility and concentrated buying. The post BlackRock leads $53.02 million Ethereum ETF inflow, ending a weeklong outflow streak appeared first on Crypto Briefing .

    Open source
  2. WI

    Whale Insider@WhaleInsiderPost on X ·

    JUST IN: BlackRock and other ETF issuers buy a combined $53.02 million worth of $ETH. https://t.co/0Ifogqr4g9

    Open source
  3. TB

    The Block@TheBlockCoPost on X ·

    THE BLOCK: Spot bitcoin ETFs reported $74.6 million in net inflows on Wednesday, despite BlackRock's IBIT shedding $201.2 million. Spot ether ETFs also posted $53 million in net inflows, ending a seven-day streak of negative flows. bitcoin:native ethereum:native https://t.co/IYf3R8YwQQ

    Open source