‘Ethereum is starting to catch a bid’ — US ETFs hit record $295M inflow

Quick Summary:

Fidelity’s spot Ether ETF led the pack with $115.5 million worth of inflows on Nov.11, while BlackRock, Grayscale and Bitwise’s Ether ETFs also saw inflows.

BlackRock’s ETHA leads all with over $1.5 billion worth of inflows since the investment products launched on July 23.

It comes as Ether (ETH) soared 8.4% to a 14-week high of $3,384 on Nov.11 — in line with the broader market’s near-10% price rise over the same timeframe, CoinGecko data shows.

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Cointelegraph by Brayden Lindrea

Category: Crypto

Markets: United States

Topics: Inflows FETH Rachael Lucas CK Zheng BTC Markets Spot Ether ETFs ETHW ETHA ZK Squared Capital Outflows

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-12 @ 05:49:21 (1 days ago)

News Timezone: GMT -5:00

News Source URL: cointelegraph.com

Language: English

Article Length: 426 words

Reading Time: 3 minutes read

Sentences: 15 lines

Sentence Length: 29 words per sentence (average)

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

Copyright Owner: © Coin Telegraph

News ID: 23545761

View Article Analysis

About Coin Telegraph

Main Topics: Crypto

Official Website: cointelegraph.com

Update Frequency: 26 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 1 days ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #11

Publisher Details

Frequently Asked Questions