United States’ spot Ether exchange-traded funds (ETFs) recorded significant inflows of $287.6 million on Thursday, recovering from a four-day streak of outflows totaling over $924 million. The most substantial withdrawal occurred on Tuesday, with $429 million exiting the market. BlackRock's iShares Ethereum Trust (ETHA) was the frontrunner, attracting $233.5 million, followed by Fidelity’s Ethereum Fund (FETH) with $28.5 million. This influx raised total net inflows for August above $12 billion. Spot Ether ETFs now manage 6.42 million ETH, valued at $27.66 billion, constituting 5.31% of the circulating supply. Additionally, corporate treasuries hold 4.10 million ETH worth $17.66 billion, further stirring discussions on the impact of institutional purchasing on Ethereum’s market dynamics. The community remains divided, with some arguing corporate purchasing helps reduce circulating supply and support DeFi, while others believe it undermines decentralization. Overall, recent trends indicate renewed investor interest in ETH as the asset's utility in decentralized finance grows.

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