Meanwhile, other funds also showed positive traction as well during the reporting period.
Altogether, these Ethereum ETFs now manage $16 billion in assets and have attracted more than $6 billion in cumulative net inflows since launching.
The recent surge in inflows marks a significant shift in market sentiment. After months of subdued activity, interest in Ethereum funds began to recover in late April.
This trend gained momentum through June and now appears to be accelerating, with the funds pulling $1.8 billion in new capital over the last five trading sessions.
As a result of the latest wave of capital, ETH price rose above $3,400, its highest level in over six months.
