$71.3 Million Inflows into Ethereum Spot ETF for Second Consecutive Trading Day

Source
YM Lee

Summary

  • $71.3 million was reported to have flowed into the Ethereum (ETH) spot ETF.
  • BlackRock’s iShares Ethereum Trust ETHA recorded the largest inflow at $98 million.
  • Fidelity’s FETH product saw a capital outflow of $26.7 million.
Photo=Farside Investors
Photo=Farside Investors

A total of $71.3 million flowed into Ethereum (ETH) spot Exchange-Traded Fund (ETF) products.

According to data from Farside Investors, as of the 24th (local time), the daily net inflow into Ethereum spot ETF products reached $71.3 million.

The product that saw the largest inflow was BlackRock’s iShares Ethereum Trust ETHA, which experienced a capital inflow of $98 million. In contrast, Fidelity’s FETH product saw an outflow of $26.7 million.

publisher img

YM Lee

20min@bloomingbit.ioCrypto Chatterbox_ tlg@Bloomingbit_YMLEE
What did you think of the article you just read?