Ethereum Spot ETFs Maintain Monthly Inflow Streak, Adding 97.8K ETH in Week Four, Total Holdings Climb to 3.77 Million ETH

On June 9, glassnode, a global leader in on-chain and financial analytics, shared on X, “Ethereum spot ETFs saw their 4th straight week of net inflows.” Over 97.8K ETH was added, bringing total holdings to 3.77 million ETH. This figure remains roughly 41K ETH short of the February peak of 3.81 million. Despite earlier market volatility, accumulation continues steadily, suggesting further upside potential. This activity follows a surge in investor interest in May 2025. On May 23, Ethereum saw $110.5 million inflows, the highest since February. Year-to-date net inflows now stand at $61.9 million, with cumulative flows at $2.7 billion.

Ethereum Spot ETF Momentum Shows No Sign of Slowing

The Ethereum spot ETF market has maintained strong upward momentum since mid-May. On June 6, spot Ether ETFs posted $25.3 million in inflows, extending a 15-day positive streak. Since May 16, these ETFs have recorded $837.5 million in net inflows. This accounts for about 25% of the total $3.32 billion in cumulative inflows since their launch in July 2024.

Source: glassnode X Post on June 9, 2025

May 2025 saw a sharp rise in Ethereum spot ETF participation. On May 23, net inflows reached $110.5 million, led by Grayscale’s ETHE ($43.7 million) and Fidelity’s FETH ($42.2 million). Grayscale’s ETH and Bitwise’s ETHW followed, while BlackRock’s ETHA recorded no inflows. The surge came despite ongoing uncertainty in the broader crypto market. That single-day performance pushed the five-day total to $211.8 million, confirming revived investor confidence.

Steady Accumulation of Ethereum Spot ETFs

As of June 6, spot Ethereum ETFs hold 3.77 million ETH, about 41,000 ETH below the peak recorded in February. The consistency in inflows reflects steady accumulation from institutions and retail investors. Despite the price volatility seen earlier in the year, Ethereum has rebounded strongly. From its low of $1,392 on April 7, Ether has surged 91%, reaching $2,668 in late May

Source: CoinMarketCap ETH Monthly Chart

As of the latest check, Ethereum trades around $2,490. That price still places it 16% below the all-time high of $4,870, which was set in November 2021. The continued upward price action and ETF inflows point to increased market conviction. Experts believe further room for growth exists, especially if new catalysts emerge in the coming weeks.

ETF Innovation and Technical Indicators Point to Growth

Crypto analysts have highlighted a bullish trend forming in Ethereum’s current market structure. On June 3, technical analyst Crypto Eagles noted that Ether’s movement mirrors a historic gold fractal. This pattern could lead to a breakout, with potential targets near $6,000. ETF innovation may accelerate this momentum. Industry insiders, including Bloomberg’s James Seyffart, suggest that staking-enabled Ethereum spot ETFs could redefine market performance. These upgraded products would allow investors to earn passive rewards while holding ETH in regulated structures. On that front, ETF provider REX Shares has filed for the first Ethereum and Solana staking ETFs. If regulatory paths are clear, these could enter the market within weeks. The move would position Ether ETFs as more attractive to long-term investors seeking yield and asset appreciation.

Momentum Builds as Investors Eye New Highs

Ethereum spot ETF momentum continues to build as both technical setups and fund flows support a bullish narrative. With $837.5 million flowing in over the last 15 days alone, investor demand shows resilience. Ethereum’s 31.23% monthly price gain further strengthens the narrative of a strong comeback. While current holdings remain under the February peak, the consistent accumulation trend indicates possible record-breaking levels soon. If the inflow streak continues through the next week, totals could surpass the $1 billion mark. With upcoming staking ETF launches and favorable technical patterns, Ethereum may soon test its all-time high of $4,870. Continued institutional confidence and ETF innovations now form the foundation of Ethereum’s next growth phase.

The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
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