$ETH Ethereum ETFs Net $178 Million Inflow Yesterday, Fidelity And Grayscale Mini Lead The Accumulation Wave

Spot Ethereum ETFs recorded an explosive trading day yesterday (09/12) with a total positive net inflow of $178 million.

🔸 Fidelity (FETH) took the top spot with an inflow of $51.47 million, bringing its historical cumulative total to $2.67 billion.

🔸 Grayscale Mini Trust (ETH) continued to attract capital thanks to competitive fees with $45.19 million, raising its cumulative total to $1.51 billion.

🔸 As of now, the total net assets of Ethereum ETFs have reached $21.036 billion, representing 5.24% of Ethereum total market capitalization. This 5.24% figure is steadily rising, indicating that the floating supply of ETH is increasingly being swallowed by ETFs.

With ETFs quietly accumulating over 5% of the total Ethereum supply, are you using this opportunity to accumulate, or are you distracted chasing high risk memecoin waves?

News is for reference, not investment advice. Please read carefully before making a decision.