Ethereum ETFs Just Had Their Best Day Since February
The post Ethereum ETFs Just Had Their Best Day Since February appeared on BitcoinEthereumNews.com.
After weeks of relative quiet, Ethereum is suddenly making noise again. Spot Ethereum ETFs logged $125 million in inflows on Tuesday—marking their strongest single-day performance in over four months. The surge didn’t happen in a vacuum. Ethereum broke above $2,800 for the first time since February, and a rare alignment of regulatory, market, and technological narratives is starting to tilt the odds in ETH’s favor again. For traders wondering if now is the right time to buy Ethereum, there are several reasons why the answer might be yes. Firstly, while Bitcoin is just 1% away from setting new all time highs, Ethereum has a massive 45% run up before it can do the same. That means if Bitcoin can hold strong, ETH has a huge window to post some spectacular gains. And when ETH does finally run hard, that means the long-awaited altseason is likely to follow. Still, lets be patient, phase one is for Ethereum to continue to gain against Bitcoin. BlackRock Leads the Charge According to BNC data, BlackRock’s iShares Ethereum Trust ETF (ETHA) led the charge with a dominant $80.6 million of those inflows. The entire class of U.S.-based spot ETH ETFs has now soaked up $745 million over the last 11 trading days. That’s not a melt-up—yet—but it’s the kind of steady accumulation that suggests institutional confidence is quietly coming back online. BlackRock bought 80.6 million in ETH on Tuesday, Source: X Compare that to February 2nd—the last time things got this frothy—when $276 million poured into ETHA in a single day and Ethereum was flirting with $2,900. We’re not back to those levels, but ETH trading around $2,814 (up 1.25% in 24 hours per BNC) shows real momentum. For a digital asset that’s spent months lagging behind Bitcoin’s all-time highs, this is a notable reversal…
