U.S. Spot Ethereum ETFs Register ATH Daily Inflows Amidst ETH Price Rally
The post U.S. Spot Ethereum ETFs Register ATH Daily Inflows Amidst ETH Price Rally appeared first on Coinpedia Fintech News
U.S.-based spot Ethereum ETFs on Friday recorded their highest single-day inflows since trading began in July of this year, adding nearly $333 million in value following the market’s closed on Thursday. BlackRock’s ETHA, added over $250 million in value alone, and Fidelity’s FETH, logged about $79 million. Grayscale’s ETH fund added $3.4 million, while no other funds registered significant inflows or outflows. The record day comes after nearly 40% gain in ether’s price over the past month. Ethereum’s price is currently hovering around $3,682, up over 2% in the last 24 hours.
