BlackRock's Ethereum ETF Sees Record Inflow of $546 Million

Amid a sharp rise in the price of the second-largest cryptocurrency by market cap, the daily net inflow into BlackRock's ETHA ETF has reached $546.7 million.

The volume of incoming funds has surged in recent days.

The cumulative net inflow since ETHA's launch has reached $7.66 billion; the volume of assets under management (AUM) is $8.47 billion.

The total volume of inflows into spot Ethereum ETFs over the past 24 hours was $602 million; a positive trend has been observed for 10 weeks in a row. The total AUM is $17.32 billion.