BlackRock Ethereum ETF Hits New Milestone, $5000 ETH Price Soon?

Quick Summary:

The BlackRock Ethereum ETF (ETHA) has been single-handedly dominating inflows into the US Ether ETF market crossing more than $2.6 billion in net inflows since inception.

On Thursday, ETHA reported the highest-ever daily inflows at $292 million pushing the net inflows to more than $428 million.

Following yesterday’s numbers, the net inflows across all US Ether ETFs also crossed $1 billion for the first time, now at $1.3 billion.

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Article Details

Author / Journalist: Bhushan Akolkar

Category: Crypto

Markets: India

Topics: ETH price Ethereum whales Ethereum News 24/7 Cryptocurrency News Ethereum ETF inflow Altcoin News Ethereum (ETH) BlackRock Ethereum ETF

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-06 @ 08:21:11 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 487 words

Reading Time: 3 minutes read

Sentences: 39 lines

Sentence Length: 13 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 24163896

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