Ethereum ETF total flows flip net positive after runner-up inflow day for BlackRock

Almost $650 million has entered Ether ETFs over the past five trading days as the assets surged more than 30%.

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The total flows into United States-based spot Ether exchange-traded funds (ETFs) flipped to a net positive as BlackRock’s fund recorded its second-biggest net inflow since launching in July.

On Nov. 12, the nine spot Ether ETFs jointly saw $135.9 million in net inflows, following a record $295 million inflow on Nov. 11, according to data from Farside Investors. 

The back-to-back inflow days tipped the nine funds’ total net flows to a net positive $107.2 million for the first time since they launched in July.

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