Ethereum ETFs Hit $4B Milestone, Soar Past Key Anniversary

- U.S. spot Ethereum ETFs: Over $4 billion in cumulative net inflows. - Fidelity’s FETH: Leads June 23 daily inflows, market shares shifting. On June 24, 2025, The Block reported that U.S. spot Ethereum exchange-traded funds (ETFs) have soared past $4 billion in cumulative net inflows as of June 23, 2025. The ETFs reached this milestone just before their first-year launch anniversary on July 23, 2024, an achievement showcasing their resilience despite ongoing geopolitical tensions. The report from The Block also highlighted that Fidelity's FETH led daily inflows on Monday, June 23, attracting $60.5 million, a notable event underscoring the shifting market shares within the Ethereum ETF space. According to the same source, BlackRock's ETHA currently leads the market with a 31.8% share, while Grayscale's ETHE has seen its market share decline to 30.2%—a decrease caused by significant outflows following its conversion. Fidelity's FETH holds the third position with an 18% market share. According to the latest market survey data, Ethereum (ETH) is trading at $2,412.87 as of June 24, 11:09 UTC, and its 24-hour trading volume has increased by 7.42%.