”BlackRock Drives $287M Inflows to Spot Ether ETF”

BlackRock reversed a four-day outflow streak with a $287 million inflow into spot Ether ETFs, marking a major move in the crypto investment space.

Spot Ether ETFs now hold about 6.42 million ETH, valued at roughly $27.66 billion, equal to about 5.31% of Ether's circulating supply.

The surge highlights growing institutional interest in Ether as investors seek diversification amid market volatility and signals potential further inflows and mainstream adoption.