🚀 **Ethereum ETFs See First Positive Inflows Amid Market Rollercoaster**

- Spot Ethereum ETFs in the US had their first week of positive net inflows since launching on July 23.

- According to SoSoValue, nine newly launched spot Ether ETFs saw a net inflow of $104.8M for the week starting Aug. 5.

- Despite a 23% price drop in Ether (ETH) since early August, the total traded value hit $1.9B, with net assets reaching $7.3B.

- BlackRock’s iShares Ethereum Trust (ETHA) led with $188.4M in inflows, amassing over $900M in 13 days.

- Fidelity’s Ethereum Fund (FETH) followed with $44.65M, totaling $342M.

- Other notable inflows: Grayscale’s Mini Ethereum Trust ($19.8M), VanEck ($16.6M), Bitwise ($11.7M), and Franklin ($3.7M).

- Grayscale’s Ethereum Trust (ETHE) saw a $180M outflow, impacting the overall figures.

- ETF issuers are now eyeing options products for their spot ETH funds.