US spot Ethereum ETFs recorded their first day of positive flows after a week of steady withdrawals. BlackRock led the buying, but only five of the 11 funds took in money, and its staking-focused product lost $22.38 million.
US spot Ethereum ETFs took in a net $53.02 million on November 4, 2026, their first day of positive flows after a week of steady withdrawals. Roughly $514.8 million had left the products over the prior week.
BlackRock leads, buying stays narrow
BlackRock's iShares Ethereum Trust, ticker ETHA, drew between $32.75 million and $32.8 million on the day. The fund holds approximately 3.53 million ETH, carries total assets of $8.61 billion and controls a 59.5% market share.
Fidelity's FETH came second with $19.24 million of inflows. Grayscale's ETH fund added $13.6 million, ETHE took in $9.68 million, and 21Shares' TETH collected $0.12 million.
Still, five of the 11 spot Ethereum ETFs recorded inflows, while the other six were flat or negative. That means buying interest was concentrated rather than broad.
A BlackRock outflow offsets part of the gain
Inside BlackRock's own lineup, ETHB, its separate staking-focused Ethereum product, lost $22.38 million. That was ETHB's largest outflow since late June, so money came into one BlackRock fund and left through another on the same day.
The source does not say where the ETHB money went. Reallocation within BlackRock's products is one possible reading, not a confirmed fact.
Volume and assets across the funds
Total ETF trading volume reached $947.59 million, and ETHA alone accounted for $626 million of it. Cumulative net inflows across the 11 funds now sit close to $12.08 billion to $12.12 billion since their July 2024 launch.
Total net assets across the group stand at around $14.12 billion, approximately 4.77% of Ethereum's market capitalization. ETH itself closed near $2,273 to $2,274 on November 4.
Source: Crypto Briefing
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