U.S. Spot Ethereum ETFs See $85.9M in Net Inflows, Third-Largest on Record

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Spot Ethereum ETFs See $85.9M in Net Inflows, Third-Largest on Record On November 8, U.S.spot Ethereum ETFs attracted a substantial $85.9 million in net inflows, marking the third-largest net inflow ever recorded for these funds.

Data from Farside Investors shows that leading the inflows was BlackRock’s ETHA, which pulled in $59.

The success of Ethereum spot ETFs may pave the way for additional cryptocurrency ETF offerings, expanding investor choice and increasing market diversity.

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Article Details

Author / Journalist: Sonam Aggarwal

Category: Crypto

Markets: India

Topics: U.S. Spot Ethereum ETFs Inflows Crypto News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-09 @ 11:46:42 (6 days ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 1026 words

Reading Time: 6 minutes read

Sentences: 53 lines

Sentence Length: 20 words per sentence (average)

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

Copyright Owner: © BitcoinWorld

News ID: 23479280

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About BitcoinWorld

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