BlackRock broke the streak. After 17 straight days of net redemptions from US spot Ethereum ETFs, a $19.3M inflow — all into BlackRock’s iShares Ethereum Trust (ETHA) — flipped the ledger on June 4–5. 📉➡️📈
This isn’t a market-wide thaw: ETH price stayed weak and broader ETF categories barely moved. The takeaway: ETF flows remain highly concentrated and can create misleading headlines when one dominant product rebalances. Watch who leads the next few sessions. 🔎
Source: CoinDesk
1June 8, 2026 290
