Spot Ethereum ETFs recorded a 10-day streak of net inflows as of April 22, 2026. BlackRock’s iShares Ethereum Trust (ETHA) led this trend with $53.6 million in inflows on April 22. The fund recorded another $53.59 million in inflows on April 23.
Institutional buying establishes a price floor for Ethereum by absorbing selling pressure. Investors are using the ETF to buy the asset at lower prices, signaling long-term conviction. This consistent capital flow persists despite recent weakness in Ether's price.