Editor's PiCK

US Ethereum Spot ETF Turns Net Inflow in One Day... $2.06 Million Inflow

Source
Doohyun Hwang

Summary

  • It was reported that a net inflow of $2.06 million occurred in the Ethereum spot ETF in just one day.
  • It was confirmed that the net inflow occurred only in Franklin Templeton's 'EZET'.
  • Ethereum price is reported to be trading at around $1,810, up 1.2% in the Binance USDT market.
Image=SoSoValue
Image=SoSoValue

The fund flow for the Ethereum (ETH) spot Exchange Traded Fund (ETF) has turned to net inflow in just one day. The net inflow was observed only in Franklin Templeton's 'EZET'.

According to the cryptocurrency data analysis firm SoSoValue on the 4th (local time), a total net inflow of $2,062,700 occurred in the Ethereum spot ETFs traded in the United States on that day.

The net inflow occurred entirely in the ETF product 'EZET' managed by Franklin Templeton, with no separate net inflow or outflow recorded in other ETF products.

Meanwhile, Ethereum is trading at around $1,810, up 1.2% from the previous day in the Binance Tether (USDT) market.

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Doohyun Hwang

cow5361@bloomingbit.ioKEEP CALM AND HODL🍀
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