According to TechFlow, Nate Geraci, president of The ETF Store, posted on the social platform X that after the so-called "Crypto Black Monday", BlackRock's Ethereum ETF ETHA attracted nearly $50 million in a single day. The next day, ETHA attracted about $110 million in inflows. The inflow of $160 million in these two days alone is enough to make it among the top 10% of all new ETFs this year.
Geraci pointed out that ETHA has received nearly $900 million in inflows in the two weeks since its listing, and is currently ranked in the top six of the ETF issuance list in 2024, while the other four ETFs in the top five are all Bitcoin spot ETFs.
