US spot Ethereum ETFs reached a historic milestone on Monday, surpassing $1 billion in daily net inflows for the first time since their debut in July 2024, according to data from SoSoValue.
The nine approved funds collectively attracted $1.02 billion, bringing cumulative inflows above the $10 billion mark to a total of $10.83 billion.
BlackRock's iShares Ethereum Trust (ETHA) dominated with $639.8 million in inflows, while Fidelity's Ethereum Fund (FETH) had its best day ever with $277 million.
The record demand comes at a time when institutional investors are increasingly viewing Ethereum as a store of value and a foundation for decentralized finance (DeFi).