Ethereum Heats Up With Record ETF Inflows And 6-Month Price Peak

Ethereum Heats Up With Record ETF Inflows And 6-Month Price Peak


Yesterday’s inflows into US Ethereum spot ETFs hit a new high, and the market took notice. Ether’s price jumped sharply as big and small funds alike funneled fresh money into these products.

Record Inflows Break Previous Highs

According to latest data, US Ethereum spot ETFs saw a single‑day inflow of $727 million yesterday. That smashes the prior record of $428 million set on December 5.

Trending: Homan: Van Hollen ‘an Embarrassment to the Position He Holds’

The nine funds tracked have now attracted new money every day for eight straight sessions before this surge. Based on reports, this eight‑day streak set the stage for what became the biggest one‑day haul in the ETFs’ history.

Big Names Lead The Charge

BlackRock’s iShares Ethereum Trust (ETHA) drew nearly $500 illion on Wednesday, pushing its total net inflow to

Continue reading


 

Join the conversation!

Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!