TechFlow news, June 8 — According to The Block, U.S. spot Ethereum ETFs have recorded net inflows for 15 consecutive trading days, bringing their total cumulative inflows to a record high of $3.33 billion since launch—an increase of $820 million since the start of this inflow cycle.
This surge began on May 16, during which BlackRock's ETHA fund—the largest Ethereum ETF by assets under management—drew nearly $600 million in investments. Although inflows slowed slightly on Thursday and Friday, the overall trend remains strong.
Meanwhile, U.S. spot Bitcoin ETFs, after reaching a historical peak of $45.34 billion in cumulative inflows on May 28, have declined by over $1 billion, closing at $44.24 billion as of Friday.
Analysts suggest that Ethereum’s recent Pectra upgrade has encouraged institutional investment into the Ethereum ecosystem, although it has not yet significantly boosted user activity.
