Since its launch on July 23rd, the US spot Ethereum exchange-traded fund (ETF) has experienced its first week of positive net inflows, marking the first instance of weekly traffic growth since its introduction. According to data from ETF tracking firm SoSoValue, over the week starting August 5th, nine newly launched US spot Ethereum ETFs collectively saw net inflows of $104.8 million. By August 9th, the total trading value of these ETFs had reached $1.9 billion, thereby boosting the total net asset value to $7.3 billion. This data suggests that demand for Ethereum in the market is recovering, and investor interest in Ethereum as a base currency for blockchain technology is on the rise.