TREE NEWS reports: Ethereum spot ETFs drew $216 million in net inflows on Sept. 11, led by BlackRock’s ETHA at $149 million. ETHA’s cumulative net inflows now total $13.013 billion. Bitwise’s ETHW was second with $29.09 million, bringing its all-time net inflows to $427 million.
Ethereum spot ETFs take in $216M, BlackRock’s ETHA leads with $149M
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AI take
The concentration is the story: BlackRock's ETHA alone accounted for roughly two-thirds of the day's net inflows, and its cumulative total dwarfs Bitwise's by a wide margin. That gap suggests allocator demand is consolidating around the largest issuer rather than spreading across the field, which matters for how the remaining products compete for flows. Whether that skew persists across future sessions, or narrows as smaller funds build track records, is the open question.
Generated by AI for reference only.
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