Spot Ether ETFs See $729M in Second-Biggest Daily Inflows,
0Bitcoin
ETFs
Ethereum
BlackRock’s ETHA led the day with $500.9 million in inflows, followed by Fidelity’s FETH with $154.7 million.
Crypto Journalist
Amin Ayan
Crypto Journalist
Amin Ayan
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Amin Ayan is a crypto journalist with over four years of experience in the industry. He has contributed to leading publications such as Cryptonews, Investing.com, 99Bitcoins, and 24/7 Wall St. He has...
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US spot Ether exchange-traded funds (ETFs) pulled in $729.1 million in net inflows on Wednesday, their second-largest daily haul since launching earlier this year, according to SoSoValue data.
Key Takeaways:
US spot Ethereum ETFs drew $729.1M on Wednesday, their second-largest daily inflow since launch.
Ethereum ETFs have pulled $2.2B over three days, nearly seven times Bitcoin ETF inflows.
ETH’s price hit $4,775, up 60% in a month, as institutional demand tightens supply.
BlackRock’s ETHA led the day with $500.9 million in inflows, followed by Fidelity’s FETH with $154.7 million.
Four other Ether ETFs also saw positive flows, capping a three-day run that began with Monday’s record $1.02 billion inflow and continued...
https://cryptonews.com/news/spot-ether-etfs-see-729m-in-second-biggest-daily-inflows-outperform-bitcoin-etfs/
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