Editor's PiCK

Ethereum Spot ETF, Surpasses 3.523 Billion Dollars in Inflows the Day Before... Exceeded Bitcoin

Source
Doohyun Hwang

Summary

  • Ethereum (ETH) spot ETF surpassed Bitcoin spot ETF's inflow, recording 3.523 billion dollars.
  • On the same day, Bitcoin spot ETF had an inflow of 3.52 billion dollars.
  • Ethereum also recorded a 1.5% price increase in the Binance Tether (USDT) market, trading at 3,640 dollars.

Ethereum (ETH) spot ETF's daily inflow size has been recorded as surpassing Bitcoin spot ETF for the first time since its launch.

According to data from the research firm on the 29th (local time), Ethereum spot ETF recorded a total inflow of 3.523 billion dollars on this day. On the same day, Bitcoin spot ETF had an inflow of 3.52 billion dollars.

The same inflow amount for Ethereum was also reported by BlackRock's ETHA (2.502 billion dollars) and Fidelity's FETH (791 million dollars). Meanwhile, Ethereum is currently trading at 3,640 dollars on the Binance Tether (USDT) market, up 1.5% from the previous day.

publisher img

Doohyun Hwang

cow5361@bloomingbit.ioKEEP CALM AND HODL🍀
What did you think of the article you just read?