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Fidelity’s FETH Records $4.62M Inflow as Grayscale’s ETHE Dominates Market Share
The Ethereum (ETH) spot ETF market has witnessed a significant surge in interest, with Fidelity’s FETH recording a substantial daily inflow of $4.62 million, according to recent data. This influx has led to the total net inflows increasing to $2.64 billion as of January 6th.
Meanwhile, Grayscale’s ETHE ETF continues to dominate market share, boasting an impressive $5.19 billion in assets under management. This staggering figure accounts for a significant 3.01% of Ethereum’s overall market capitalization.
Source: cryptonewsland.com
