US Ethereum Spot ETF Sees $62.73 Million Inflows Last Week, Continuing 4-Week Streak

Source
Suehyeon Lee

Summary

  • The US Ethereum spot ETF has shown a positive trend for four consecutive weeks, maintaining investor interest.
  • Last week, a net inflow of $62.73 million was recorded, with $144 million flowing into BlackRock ETHA alone.
  • The current price of Ethereum is $3,332.62, showing a slight decline.
Image=SoSoValue Capture
Image=SoSoValue Capture

The US Ethereum (ETH) spot ETF continued its positive trend for the fourth consecutive week.

According to SoSoValue data cited by WuBlockchain on the 23rd (local time), the US Ethereum spot ETF recorded a net inflow of $62.73 million (approximately 90.9 billion KRW) last week (December 16th to December 20th). This marks the fourth consecutive week of net inflows.

Last week, BlackRock ETHA alone saw a net inflow of $144 million. Meanwhile, Ethereum is currently trading at $3,332.62 on CoinMarketCap, down 0.27% from the previous day.

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Suehyeon Lee

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