Spot Ethereum ETFs Record $534M in Daily Inflows
15 Articles
15 Articles
Ethereum ETFs Attract $533 Million In Single Day Push Total Assets To $19.85 Billion
Spot Ethereum exchange-traded funds recorded $533.87 million in net inflows on Tuesday, extending their streak to 13 consecutive trading days of positive flows. According to Cointelegraph, data from SoSoValue shows BlackRock's iShares Ethereum Trust led the surge with $426.22 million in daily inflows.Fidelity's FETH followed with $35 million in inflows during the same period. The 13-day streak beginning July 2 has generated over $4 billion in cu…
ETH Spot Volume Surpasses BTC for First Time Since June 2024
The post ETH Spot Volume Surpasses BTC for First Time Since June 2024 appeared first on Coinpedia Fintech News Last week, Ethereum (ETH) spot trading volume surged to $25.7 billion, surpassing Bitcoin’s (BTC) $24.4 billion for the first time since June 2024. This milestone pushed the ETH/BTC spot volume ratio above 1, highlighting a notable shift in market dynamics. Analysts attribute this trend to growing investor interest in Ethereum’s ecosyst…
Ethereum ETFs See $4B Inflows as Bitcoin Loses Steam
On Tuesday alone, spot Ethereum ETFs brought in $533 million, with BlackRock’s ETHA leading the charge by adding $426 million in a single day. Institutional appetite for ETH appears to be growing, especially as Bitcoin ETF flows cool. BlackRock’s fund now manages more than $10 billion in assets, while total ETH ETF holdings account for nearly 4.5% of Ethereum’s market cap. Fidelity’s FETH also saw continued inflows, though at a smaller scale. Bi…
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