US Ethereum ETF Sees $85 Million Inflow the Previous Day... 8 Consecutive Trading Days
JOON HYOUNG LEE
Summary
- The US Ethereum ETF has recorded net inflows for 8 consecutive trading days, indicating high investor interest.
- Particularly, BlackRock's ETH ETF saw a net inflow of $52.7 million, highlighting it as a major investment destination.
- Significant inflows into Fidelity's FETH and Grayscale's ETH ETFs suggest the potential for expansion in the ETF market.
The US Ethereum (ETH) spot Exchange-Traded Fund (ETF) has recorded net inflows for 8 consecutive trading days.
According to Farside Investor on the 29th (local time), the US Ethereum spot ETF saw a net inflow of $84.9 million (approximately 120 billion KRW) the previous day (28th). This marks 8 consecutive trading days of net inflows.
Specifically, BlackRock's ETH saw a net inflow of $52.7 million. Fidelity's FETH and Grayscale's ETH recorded net inflows of $25.7 million and $4.9 million, respectively. Invesco's QETH also saw a net inflow of $1.6 million. There were no net inflows or outflows in the other ETFs.
JOON HYOUNG LEE
gilson@bloomingbit.ioCrypto Journalist based in Seoul
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