Ethereum spot ETFs recorded their first net inflows on June 4. This reversal ended a 17-day streak of consistent institutional withdrawals.
BlackRock’s iShares Ethereum Trust (ETHA) led the market shift. The fund attracted approximately $19.3 million in net inflows.
These inflows occur amid strong bearish sentiment as Ethereum prices remain substantially below 2025 highs. Previous institutional withdrawals acted as a primary driver of negative market pressure.
This single day of positive movement represents a potential inflection point for investor appetite. It follows a prolonged period of risk-off sentiment regarding Ethereum-linked products.