Ethereum spot ETF records highest inflow in over a month
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The United States spot Ethereum (ETH) exchange-traded funds recorded their highest daily cash inflow on Monday since May 5.
The U.S. spot Ethereum ETFs registered a net cash inflow of $82.37 million on June 8, according to data from SoSoValue analyzed by Finbold on June 9. As such, the U.S. spot ETH ETFs hold $9.36 billion in total assets at press time.
The notable shift in these funds was largely driven by BlackRock’s iShares Ethereum Trust (ETHA) and iShares Staked Ethereum Trust ETF (ETHB), which closed the day with combined inflows of approximately $44.72 million. Additionally, the Fidelity Ethereum Fund (FETH) played a crucial role, attracting $28.57 million, the highest since May 5, 2026.
Other notable contributions came from the Grayscale Ethereum Mini Trust (ETH) and the Bitwise Ethereum ETF (ETHW), with net cash inflows of $8 million and $3.02 million, respectively.
Ethereum price outlook amid potential spot ETF demand shift
Ethereum price could be following the trend shift in U.S. spot ETH ETFs. Notably, the large-cap altcoin dropped from trading above $2,347 on May 5 to retest its multi-year support level around $1,568. During this period, the U.S. spot ETH ETFs recorded a net cash outflow of approximately $885.6 million.
However, ETH price experienced a relief rally, reaching a local high of slightly above $1,706 on Monday, following notable cash inflows into U.S. spot ETFs. At press time, ETH price traded at about $1,639.9, down 30.14% over the past 30 days.
As such, if spot ETH ETFs continue to record net daily cash inflows over the coming days, the altcoin could form its bear-market bottom, and vice versa.
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