Editor's PiCK

US Ethereum Spot ETF Sees $148.21 Million Net Inflow...Turns Positive in Just One Day

Source
Doohyun Hwang

Summary

  • $148.21 million in net inflows entered the US Ethereum (ETH) spot ETF market as of the 3rd.
  • BlackRock's ETHA and Fidelity's FETH saw inflows of $85.01 million and $64.65 million, respectively.
  • Ethereum is currently trading around $2,570 on the Binance Tether (USDT) market, up 0.7%.

The United States Ethereum (ETH) spot ETF market returned to net inflows within a single day. As of the 3rd (local time), a total of $148.21 million flowed into the Ethereum ETF market, which had shown slight outflows until the previous day.

According to data from TraderT, BlackRock's ETHA saw an inflow of $85.01 million, while Fidelity's FETH received $64.65 million. In contrast, Grayscale's ETHE experienced an outflow of $5.35 million. No net inflows or outflows were recorded for the other ETFs.

Currently, Ethereum is being traded on the Binance Tether (USDT) market at around $2,570, up approximately 0.7% from the previous day.

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Doohyun Hwang

cow5361@bloomingbit.ioKEEP CALM AND HODL🍀
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