Ethereum, Breaks Weekly Record with BlackRock: Exceeds 800 Million - Coin Bulletin

Last week, Ethereum spot ETFs reached their highest weekly net inflow in history. With a total of 837 million dollars in net inflows to Ethereum ETFs, this figure indicates that institutional interest in the crypto market continues to grow.

The largest weekly net inflow among Ethereum spot ETFs was made by BlackRock's Ethereum ETF ETHA, with $573 million. This success of BlackRock demonstrates the increasing confidence of investors in Ethereum and the growing preference for ETFs as an investment vehicle.

Although other Ethereum ETFs have shown similar increases, ETHA's leadership proves that BlackRock is at the center of institutional interest in the market.

The Ethereum market is picking up

After weekly net inflows reached record levels, the price of Ethereum rose to $4,044 levels. This increase indicates that the interest in spot ETFs directly reflects positively on the Ethereum price. Additionally, the growth of Ethereum's total market value indicates that investors believe in the strength of Ethereum in the medium and long term.

The record net inflows in Ethereum spot ETFs indicate that institutional investments continue to grow in the crypto market and show that Ethereum could be more widely adopted in the future. This situation particularly highlights the increasing influence of institutional investors on the market.