This marks the nine funds seventh consecutive day of positive flows and their second-largest single-day haul since launching last year.
Notably, the achievement comes just two days after the Aug. 11 record, when inflows topped $1.02 billion.
He added that investors have injected $3 billion over the past seven trading sessions.
The surge in ETF inflows has coincided with a strong upward move in Ethereum’s price.
According to CryptoSlate’s data, ETH is trading around $4,726 at press time, reflecting a 27% rally over the past seven days and more than 50% growth over the last month.
He noted that the ETF inflows are being complemented by record on-chain activity and growing staking participation, with over 36 million ETH, nearly one-third of supply, now locked.
According to him, this reduced float and surging demand for both spot ETH and staking products could set the stage for further price gains.
He added:
“The next chapter for ETH is whether Ethereum-led infrastructure can sustain and accelerate as ETF adoption grows and on-chain activity hits new records.”
