BlackRock ETHA becomes the first Ethereum ETF to surpass $1 billion in net inflows

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ODAILY
08-21
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According to data from Odaily Odaily, BlackRock's spot Ethereum exchange-traded fund (ETF) iShares Ethereum Trust (ETHA) has become the first ETF among 11 Ethereum issuers to have a net inflow of more than $1 billion. ETHA holds more than $860 million in net assets, second only to Grayscale's Mini Ethereum Trust (ETH) and Ethereum Trust (ETHE). In addition, the Ethereum ETF has an overall cumulative net outflow of more than $440 million, underperforming the Bitcoin ETF. The BlackRock Bitcoin Fund is currently among the top five ETFs in terms of inflows in 2024. (Coindesk)

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