Ethereum spot ETF attracted 420 million USD last week, institutional funds surged in!
In the past week (from February 3 to February 7), the net inflow of the Ethereum spot ETF reached 420 million USD, among which:
BlackRock's ETHA topped the list with an inflow of 287 million USD, with a historical total net inflow of 4.42 billion USD. Fidelity's FETH ranked second with 97.28 million USD, with a historical total net inflow of 1.51 billion USD. The total net asset value of Ethereum spot ETFs reached 9.88 billion USD, accounting for 3.17% of Ethereum's total market capitalization, with a historical cumulative net inflow of 3.179 billion USD.
The continuous inflow of institutional funds not only indicates the market's long-term bullish confidence in ETH but may also provide support for future trends. The movements of ETF funds are worth close attention!
