Editor's PiCK
Will the Rally Continue... Ethereum Spot ETF Sees Net Inflows for 10 Consecutive Days
Summary
- The Ethereum spot ETF has recorded net inflows for 10 consecutive days, with prices rising 20%.
- This inflow trend has focused investors' attention on the possibility of Ethereum surpassing its previous all-time high.
- The current total net asset value of the Ethereum spot ETF is approximately $13.358 billion.
The Ethereum (ETH) spot ETF traded in the United States has recorded net inflows for 10 consecutive days. During this period, Ethereum's price rose approximately 20% from the $3,320 range to $4,000. There is growing interest in whether Ethereum can surpass its previous all-time high of $4,868, fueled by this inflow trend.
On the 6th (local time), Ethereum is trading at around $3,990 on the Binance Tether (USDT) market, up approximately 2.7% from the previous day.
According to data from SosoValue, a total of $837.587 billion has flowed into the Ethereum spot ETF from the day trading began until today. The current total net asset value of the Ethereum spot ETF stands at approximately $13.358 billion.
The ETF that led the most total net inflows is Fidelity's FETH ($478.829 billion), followed by BlackRock's ETHA ($345.594 billion).
Doohyun Hwang
cow5361@bloomingbit.ioKEEP CALM AND HODL🍀
