Spot Ethereum ETF Sees First Positive Weekly Fund Flow, Thanks to BlackRock
Date: August 13
Source: BlockBeats, Arkham Data
Key Highlights:
- Positive Growth: The spot Ethereum ETF recorded its first positive weekly fund flow.
- Net Inflow: 31,500 ETH, equivalent to $75.07 million, flowed into the ETF last week.
- Main Driver: BlackRock led this surge, purchasing $168.55 million worth of ETH.
- Peak Inflow: On August 7, BlackRock's single-day on-chain inflow hit $108.02 million.
This milestone underscores BlackRock's significant role in driving the fund's growth.
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