Ethereum ETFs have been bleeding money, but that’s not the whole story

BlackRock’s iShares Ethereum Trust ( ETHA ) just surpassed $1 billion in net inflows, making it the seventh most successful ETF launch this year, according to Nate Geraci, president of the ETF Store. The Fidelity Advantage Ether ETF and the Bitwise Ethereum ETF took in $390 million and $312 million, respectively, according to data DATA from Farside Investors.