The significant daily inflow into BlackRock’s spot Ether ETF comes as Ether's price has seen its biggest weekly gains since May 2024.
BlackRock, the world’s largest asset manager, has seen the highest daily inflows into its spot Ether exchange-traded fund (ETF) in 94 days.
BlackRock’s iShares Ethereum Trust ETF (ETHA) clocked $60.3 million in inflows on Nov. 8, the highest amount since Aug. 6, when it amassed $109.9 million, according to Farside data.
BlackRock’s significant inflow day came amid Ether’s (ETH) price hovering near the $3,000 price level for the first time since August, reaching a top of $2,971, according to CoinMarketCap data.
