Caught some interesting ETF flow data from last week - Ethereum spot ETFs pulled in nearly $65 million in a single day, and it's pretty clear who's dominating this space right now.



BlackRock's basically running the show with their Ethereum products. Their main ETHA fund alone sucked up over $53 million that day and has now crossed $11.7 billion in cumulative inflows. Even their staked ETH offering (ETHB) is crushing it with $8.1 million in daily flows. Meanwhile, the competition's seeing outflows - Fidelity's FETH actually bled about $561k that same day, though they're still sitting on $2.2 billion total.

What's wild is how concentrated this is getting. The entire Ethereum spot ETF space is now worth just under $13 billion in net assets, but BlackRock ETF products are basically the engine driving these inflows. They're representing about 4.76% of Ethereum's total market cap at this point. The fund giant's clearly positioning itself as the go-to institutional play for spot Ethereum exposure.
ETH-0.8%
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