BlackRock Drives $101 Million Ethereum ETF Reversal, Ending Five-Day Slump

U.S. spot Ethereum ETFs recorded over $101 million in total net inflows on May 1, 2026. This performance broke a five-day streak of consecutive withdrawals.

Fidelity’s FETH led the market with $49.4 million in new capital. BlackRock’s iShares Ethereum Trust (ETHA) attracted $43.2 million in inflows.

These two Wall Street providers accounted for the vast majority of the day's total influx. The return of institutional demand suggests a potential shift in short-term market sentiment.