The post Ethereum Spot ETF Sees $17.11 Million Net Inflow, Led by BlackRock’s ETHA appeared on BitcoinEthereumNews.com.

On October 15, COINOTAG reported significant capital flow within the U.S. Ethereum spot ETF sector, with a total net inflow reaching $17.11 million. This surge can be attributed to various key players in the market. Notably, BlackRock’s ETHA led the influx with an impressive $14.35 million, underscoring its robust investor interest. Meanwhile, Fidelity’s FETH attracted a net inflow of $1.31 million, reinforcing its position in the digital asset space. Additionally, 21Shares saw a respectable $390,000 injection into its CETH product, while Invesco‘s QETH garnered $1.05 million. These figures reflect growing institutional confidence in cryptocurrencies and could indicate a longer-term trend toward Ethereum investments among major financial institutions. Source: https://en.coinotag.com/breakingnews/ethereum-spot-etf-sees-17-11-million-net-inflow-led-by-blackrocks-etha/

---

Filed under: News - @ October 15, 2024 3:09 am