Ethereum (CRYPTO: ETH) spot exchange-traded funds registered a record net inflow of $2.85 billion between Aug. 11 and Aug. 15, according to data from SoSoValue.
What Happened: The surge marks the largest weekly inflow on record for ETH products and underscores growing institutional appetite despite heightened market volatility.
By comparison, Bitcoin (CRYPTO: BTC) spot ETFs attracted $548 million over the same period, with BlackRock’s iShares Bitcoin Trust (NASDAQ:IBIT) leading inflows at $888 million.
SoSoValue data shows total net assets for U.S.-listed Ethereum spot ETFs now stand at $28.15 billion, equal to 5.34% of Ethereum’s market capitalization.
Bitcoin spot ETFs command $151.98 billion in net assets, representing 6.54% of Bitcoin’s market cap.
Ethereum’s inflows were led by BlackRock‘s (NASDAQ:ETHA) ETF, which added $338.09 million on August 15, pushing its cumulative net inflow to $12.16 billion and total net assets to $15.69 billion.
Fidelity‘s (CBOE: FETH) followed with $2.74 billion in cumulative inflows and $3.45 billion in net assets, while Grayscale‘s (NYSE:ETHE) recorded $4.39 billion in cumulative net outflows to date.
Bitcoin ETF flows …