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Spot Ethereum ETFs Pull in $53.6 Million Recording No Outflows
In a remarkable turn of events, Spot Ethereum ETFs have attracted a massive influx of investment, pulling in a staggering $53.6 million in a single day. What’s more astonishing is that this inflow marks the 11th consecutive day where no outflows were recorded by these funds.
According to recent reports, Blackrock’s ETHA led the charge, accounting for an impressive 80% of the total inflows with a massive $43.9 million invested in the fund. The remaining ETFs, including Bitwise ETHW and Fidelity’s FETH, managed to attract a relatively modest $6.2 million and $3.5 million respectively.
This extraordinary influx of capital has pushed the cumulative net inflow of Ethereum ETFs to an astonishing $2.51 billion, with a traded value of $262 million according to Sosovalue data.
Source: www.crypto-news.net
