Editor's PiCK

U.S. Ethereum spot ETF saw $138.96 million in net inflows the previous day… BlackRock and Fidelity led

Source
Suehyeon Lee

Summary

  • The U.S. Ethereum (ETH) spot ETF recorded net inflows of $138.96 million, showing strong capital inflows.
  • BlackRock ETHA and Fidelity FETH had net inflows of $51.81 million and $34.38 million respectively, acting as major drivers.
  • Bitwise ETHW, Grayscale ETHE, and Grayscale Mini (ETH) also posted net inflows, indicating a recovery.
Photo=TraderT
Photo=TraderT

Ethereum (ETH) spot exchange-traded fund (ETF) recorded net inflows of more than $100 million, continuing a strong inflow trend.

On the 4th (local time), according to TraderT, the U.S. Ethereum spot ETF recorded net inflows of $138.96 million (about 204.8 billion won) the previous day. This marked the end of a two-trading-day streak of net outflows.

On that day BlackRock ETHA recorded $51.81 million and Fidelity FETH recorded $34.38 million in net inflows. In addition, Bitwise ETHW recorded $4.48 million, Grayscale ETHE recorded $27.57 million, and Grayscale Mini (ETH) recorded $20.72 million in net inflows, showing signs of recovery. The remaining products had no net inflows or outflows.

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Suehyeon Lee

shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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