According to data from Farside Investors, after 4 consecutive days of net outflows, the net inflows of 9 Ethereum spot ETFs finally turned positive yesterday, with a net inflow of $33.7 million.

This is mainly attributed to the significantly increased inflow of funds into BlackRock's ETF, which had a net inflow of approximately $118 million yesterday. The ETF Store President Nate Geraci posted on social media that one week after its launch, ETFA has ranked among the top 15 of all new ETFs this year (out of approximately 330 new ETFs this year).

At the same time, the outflow of funds from Grayscale ETHE is gradually slowing down, with net outflows dropping significantly from nearly $500 million on the first day to about $100 million. This makes the net inflow of BlackRock ETHA sufficient to offset Grayscale's outflow of funds. Analyst Mads Eberhardts predicts that the outflow of Ethereum ETFs will slow down this weekend, and once the outflow stabilizes, it will be followed by an increase in prices, similar to the price fluctuations of Bitcoin after the launch of its spot ETF in January this year.