Ethereum ETF Demand Accelerates: $1B Day Signals Growing Institutional Appetite

Spot Ethereum ETFs shattered expectations Monday with $1.02 billion in net inflows – their first billion-dollar day since debuting last summer.

The products have now attracted $10.83 billion total, with $8 billion flowing in since May alone.

“This isn’t fleeting interest – it’s institutional validation of Ethereum’s long-term utility,” said LVRG’s Nick Ruck. BlackRock’s dominance ($639.8M Monday) suggests established financial brands are winning investor trust in crypto markets.

With Fidelity ($277M) and others also posting strong numbers, ETH appears to be gaining ground as a core institutional holding.