Is Ether Staking ETF Filing Behind the Growth of Ethereum ETF Inflows?
The post Is Ether Staking ETF Filing Behind the Growth of Ethereum ETF Inflows? appeared on BitcoinEthereumNews.com.
Solana and Ether staking ETF filing by REX Shares is gaining traction and attracting funds into Ethereum ETFs Ether ETFs have recorded considerable inflows for the last 10 days, while the Ether price is down 4% The Crypto ETF market is gaining a lot of traction today, probably because of the recent filing by REX Shares. ETF provider REX Shares filed for Solana and Ether staking ETFs by using regulatory workarounds. This is creating considerable hype, particularly for Ethereum. Ethereum ETFs recorded net inflows for the last 10 consecutive days, while BTC ETFs broke the inflow streak with $358.6 million in outflows. This is remarkable because it’s been a few months since Ether staking ETFs recorded inflows for multiple days straight. The net outflow number doubled to $616.22 million yesterday, as per SoSoValue. Ether Spot ETFs Record Weekly Price Surges: Coinglass BlackRock’s iShares Ethereum Trust (ETHA) dominated all other top Ether ETFs with $70.2 million in net inflows yesterday. Farside Investors confirms that other Ether spot ETFs recorded negligible fund transfers for the past few weeks. Multiple Ether spot ETFs have also recorded significant surges in their market prices. For instance, Coinglass shows that BlackRock’s Ether ETF ETHA recorded 5.44% weekly gains. Bitwise, VanEck, and Franklin Templeton Ether ETFs have also recorded weekly surges of no more than 3%. Grayscale, Fidelity, ProShares, and Ark 21Shares Ether ETF prices dropped this week. One of the major reasons why BlackRock’s Ether ETF is leading the race is because of its recent amendment to the S-1 filing. The organization added in-kind redemption to its filing, which boosted its market performance and increased inflows. REX Shares Solana and Ether Staking ETF Filing Attracts Institutional Interest REX Shares filed the first of its kind Solana and Ether staking ETF and is making waves in the…
Filed under: News - @ May 31, 2025 3:28 pm