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The spot Ethereum ETFs (exchange-traded funds) in the United States have continued their impressive form, posting their tenth consecutive day of positive inflows to close the week. This strong performance reflects the growing positive sentiment amongst investors following the recent US presidential elections.

The streak of capital influx would also mark a great start to the month of December for the US-based Ethereum ETFs, which are yet to enjoy an extended period of strong inflows. Unsurprisingly, this latest positivity has also translated to the ETH price action, which recently crossed $4,000 for the first time since March 2024.

Spot Ethereum ETFs Register Fourth-Largest Trading Volume

The latest data from SoSoValue shows that the United States Ethereum ETF market registered a net inflow of $83.3 million on Friday, December 6. This brings the exchange-traded funds’ record to ten straight days of capital inflows, the longest such streak since the ETFs launched in July 2024.

Surprisingly, the most significant portion of the value added to the Ethereum ETFs came from Fidelity’s Ethereum Fund (with the ticker FETH). According to market data, the Fidelity ETF led the group with approximately $47.9 million in inflows on Friday.

BlackRock’s iShares Ethereum Trust (with the ticker ETHA) followed with an inflow of over $34.56 million. Meanwhile, Grayscale Ethereum Mini Trust (ETH) and Bitwise Ethereum ETF (ETHW)contributed $22.9 million and $13.45 million, respectively.

It is worth mentioning that the Grayscale Ethereum Trust (with the ticker ETHE) and 21Shares Core Ethereum ETF (with the ticker CETH) logged outflows of $29.59 million and $6.9 million, respectively.

This $83.3 million single-day performance brings the total net inflow to over $836.69 million over the past week, the highest weekly performance for the Ethereum ETFs since launch. This is a massive increase from the previous record from mid-November, which stood at $515 million.

Friday also marked the fourth-highest volume trading day for the Ethereum exchange-traded funds since hitting the market. According to data from SoSoValue, a total value of $992.52 million was traded on the day to close the week.

Ethereum Price At A Glance

As of this writing, ETH is valued at around $4,000, reflecting a 0.4% price decline in the past 24 hours. The altcoin’s record on a broader timeframe is much more remarkable, with the Ethereum price up by more than 10% in the past seven days.

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