The post Ethereum Spot ETF Sees $13 Million Weekly Inflow, BlackRock ETHA Leads with $65.5 Million appeared on BitcoinEthereumNews.com.

According to recent data from Farside Investors, the **Ethereum** spot Exchange-Traded Fund (ETF) in the **United States** experienced a notable cumulative net inflow of **$13 million** during the week of November 3. Leading this surge, **BlackRock’s ETHA ETF** recorded a significant **net inflow of $65.5 million**, reflecting increasing investor confidence in **Ethereum** as a viable asset class. Conversely, **Grayscale’s ETHE** saw a contrasting trend with a **net outflow of $62.4 million**, indicating potential shifts in investor sentiment. This disparity in performance between these two prominent funds highlights the evolving landscape of **cryptocurrency investments** and serves as a crucial indicator for market analysts monitoring trends in **digital asset** allocations. Such developments underscore the importance of **ETF placements** within the burgeoning crypto market, attracting both institutional and retail investors alike. Source: https://en.coinotag.com/breakingnews/ethereum-spot-etf-sees-13-million-weekly-inflow-blackrock-etha-leads-with-65-5-million/

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Filed under: News - @ November 3, 2024 1:24 pm