
The nine newly launched U.S. spot Ethereum ETFs just recorded their first ever week of positive net inflows, totaling $104.8 million, for the week beginning August 5, despite a significant 23% decline in ETH prices since the start of the month. BlackRock's iShares Ethereum Trust led with $188.4 million in inflows, accumulating over $900 million in 13 days, while Fidelity's Ethereum Fund followed with $44.65 million. Grayscale's Ethereum Trust saw a $180 million outflow, contributing to a total outflow of $406.4 million across all of the funds. Source: Cointelegraph