Recently, the U.S. Spot Ether exchange-traded fund ( ETF ) market has seen positive changes. According to the Crypto Assets ETF tracking agency SoSoValue, net inflows reached $287.6 million on Thursday, reversing a trend of outflows that had persisted for four consecutive days. This shift is remarkable, as the market had experienced over $924 million in outflows from August 15 to Wednesday.



It is worth noting that on Tuesday, there was a net outflow of $429 million, the second largest single-day outflow this month, only behind the $465 million on August 4. However, the inflow of funds on Thursday indicates that investor confidence is recovering.

In this wave of capital inflow, BlackRock's iShares Ethereum Trust (ETHA) performed the best, attracting $233.5 million in funds. Fidelity's Ethereum Fund (FETH) followed closely, with inflows reaching $28.5 million. Other ETF products also generally welcomed an average net inflow of about $6 million.

This influx of funds has pushed the cumulative net inflow to over $12 billion, clearly indicating that after a week of capital withdrawal, investors' interest in Ether has once again surged. Currently, the Spot Ether ETF holds a total of 6.42 million ETH, with a total value of $27.66 billion, accounting for 5.31% of the circulating supply of Ether.

This series of data reflects that, despite significant market fluctuations in the short term, investor confidence in Ether remains strong in the long term. With the improvement in market sentiment, we may see more funds flowing into Spot Ether ETFs, further promoting the development of the Crypto Assets market. However, investors still need to be cautious and closely monitor market trends and potential risks.
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UnluckyLemurvip
· 14h ago
It's too late to inject capital.
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ChainSauceMastervip
· 08-22 13:44
The bull run is coming!
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ChainWanderingPoetvip
· 08-22 10:42
ETH still has to be bullish
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BasementAlchemistvip
· 08-22 10:38
long positions continue to increase
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0xTherapistvip
· 08-22 10:35
The ETH market is steadily recovering.
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New_Ser_Ngmivip
· 08-22 10:31
ETH bullish go long is right.
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GamefiHarvestervip
· 08-22 10:30
Repeated fluctuations wash out retail investors
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