US spot Ethereum ETFs pulled in $189.15 million in net inflows on August 19, the biggest single-day haul since October 28, 2025. After months of bleeding capital, institutional investors appear to be rediscovering their appetite for ether.

The bulk of the buying came from one familiar name. BlackRock’s ETHA product absorbed roughly $122 million, accounting for about 65% of the day’s total. Fidelity’s FETH followed with $36.54 million, and Grayscale’s mini ETH fund added $16 million.

August is shaping up as a turning point

Cumulative inflows for August 2026 have now surpassed $530 million, making it the strongest month of the year so far. May and June saw more than $1 billion in combined net outflows from spot Ethereum ETFs.

According to data provider SoSoValue, total net assets across all US spot Ethereum ETFs now sit at approximately $12.06 billion. That figure represents nearly 4.5% of Ethereum’s total market capitalization.