US Ethereum ETF Sees $110 Million Inflow Yesterday, Largest in Three Months

Source
JOON HYOUNG LEE

Summary

  • The US Ethereum ETF showed a positive trend, recording the largest daily inflow in three months.
  • Major ETFs such as Grayscale ETHE and Fidelity FETH saw net inflows of $43.75 million and $42.45 million, respectively.
  • It was reported that investor interest continues to increase with five consecutive trading days of net inflows.

The US Ethereum (ETH) spot Exchange Traded Fund (ETF) has recorded its largest daily inflow in about three months.

According to TraderT on the 23rd (local time), the US Ethereum ETF saw a net inflow of $110.55 million (approximately 152 billion KRW) on the previous day (22nd). This marks the fifth consecutive trading day of net inflows. In terms of daily inflow size, it is the largest since February this year.

Specifically, Grayscale ETHE saw a net inflow of $43.75 million. Fidelity FETH also recorded a net inflow of $42.45 million.

Additionally, Bitwise ETHW saw a net inflow of $5.69 million, and Grayscale Mini ETH saw a net inflow of $18.86 million. There were no net inflows or outflows in the remaining ETFs.

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JOON HYOUNG LEE

gilson@bloomingbit.ioCrypto Journalist based in Seoul
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