Ethereum

<p>The post <a href="https://coinpedia.org/crypto-live-news/ethereum-etfs-record-49m-inflows-amidst-20-price-drop/" rel="noopener noreferrer nofollow">Ethereum ETFs Record $49M Inflows Amidst 20% Price Drop&nbsp;</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a></p>
<p>The spot ether ETFs recorded net inflows of nearly $49 million on Monday amidst a 20% drop in its price, indicating strong demand.&nbsp; A broader crypto market haircut contributed to the selling pressure, with over $340 million in ETH futures liquidations. While professional investors bought the dip, ETH ETFs traded over $715 million, the highest since July 30. BlackRock’s ETHA led inflows at $47 million. Fidelity’s FETH and VanEck’s ETHV recorded $16 million in inflows each. Grayscale’s ETHE was the only product with outflows at $46 million, while the Ethereum Mini Trust (ETH) recorded inflows at $7 million.</p>

Ethereum ETFs Record $49M Inflows Amidst 20% Price Drop

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