BlackRock’s iShares Ethereum Trust, known also as ETHA, has almost hit $900 million in total inflows after just 11 trading days.
BlackRock’s spot Ether exchange-traded fund saw $109.9 million in inflows on Aug. 6 — bringing its total inflows to $869.8 million since its launch on July 23.
According to Farside Investors, it marked the iShares Ethereum Trust’s third biggest flow day as investors looked to capitalize on Ether’s (ETH) 18% price fall on Aug. 5.
The $870 million in inflows puts BlackRock’s spot Ether ETF in the top six best-performers of all ETFs launched in 2024, according to Nate Geraci, President of The ETF Store.
