#ETH. Ethereum investment products are experiencing a new wave of interest as US-registered spot ETFs attracted over $100 million in a single day.

At the forefront of this growth is Fidelity, which has surpassed other issuers by adding over 27,000 ETH to its assets, amounting to approximately $60.5 million. This boost has helped increase total inflows for American Ethereum ETFs to over $4 billion, despite the recent instability in the cryptocurrency market as a whole.
Fidelity's aggressive accumulation even surpassed the inflow into ETFs from BlackRock on the same day, highlighting the growing institutional interest in the leading altcoin despite ongoing macroeconomic uncertainty.
Analysts identify this trend as part of a larger nine-week series of investments focused on ETH, with an addition of over $2.2 billion since the rally began – marking the strongest similar growth since 2021.
The price of Ethereum slightly dropped at the beginning of the month, but since then it has recovered, increasing by more than 7% and surpassing the $2,400 mark. Activity on the blockchain also supports this trend, as the weekly creation of new wallets is already approaching 1 million – significantly higher than the figures from last summer.
The combination of a stable influx of capital, growing consumer activity, and more favorable regulatory prospects may fuel a renewed momentum for Ethereum.