Spot Ethereum ETFs See $29.08 Million Net Inflow on July 2, BlackRock's ETHA Leads
AI Market Summary
US spot Ethereum ETFs posted a $29.08m net inflow on July 2, led by BlackRock's ETHA (+$29.74m), signaling continued institutional demand and improving ETF market depth. VanEck's ETHV also added modest inflows. Sustained ETF allocations can tighten spot liquidity and reinforce ETH's positioning as a core institutional crypto exposure, with spillover implications for broader altcoin risk appetite.
Impact level
● Medium
Affected assets
ETH/USDT+5.98%
AI Insight · ETH/USDTAI Insight
▲ Bullish
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PANews, July 3 — Data from SoSoValue show spot Ethereum ETFs posted total net inflows of $29.0822 million on July 2 (U.S. Eastern Time). BlackRock's ETHA led all products with $29.7415 million in single-day net inflows, bringing its cumulative net inflow to $11.125 billion. VanEck's ETHV ranked second, recording $1.2415 million in net inflows for the day; its cumulative net inflow stands at $165 million.