ETHA is trading at $13.39 (up 4.12%) in pre-market following a surge in capital inflows and a notable rotation toward Ethereum-based products.
- Recent data shows the iShares Ethereum Trust attracted $36.6M of new capital on July 2, driving renewed inflows into spot Ethereum ETFs even as Bitcoin products saw heavy outflows.
- This rotation toward Ethereum exposure, supported by firmer US equity futures, is likely lifting the fund despite slightly mixed overnight crypto spot prices.
- The current price action follows several days of consistent gains and increased sector-wide liquidity.