Ethereum

Spot

BlackRock

The post <a href="https://coinpedia.org/crypto-live-news/ethereum-spot-etf-sees-98m-inflow-amid-bullish-market-moves/" rel="noopener noreferrer nofollow">Ethereum Spot ETF Sees $98M Inflow Amid Bullish Market Moves</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a>
On August 6th, the Ethereum spot ETF witnessed an impressive net inflow of $98.30 million, signaling a robust confidence in $ETH among investors. The Grayscale ETF ETHE saw an outflow of $39.73 million, suggesting some sell-offs in the market. However, the BlackRock ETF ETHA attracted a significant inflow of $110 million, showcasing bullish sentiment. Additionally, the Fidelity ETF FETH contributed an inflow of $22.49 million, further boosting the overall inflow.
The total net assets for the Ethereum spot ETF now stand at a remarkable $7.06 billion. With Ethereum currently trading at $2,461.33, up by 1.03% over the last day, the market is buzzing with activity and optimism.

Ethereum Spot ETF Sees $98M Inflow Amid Bullish Market Moves

CoinPedia News

Other articles published on Aug 7, 2024

Bitcoin Bull Run Still Intact? Here’s What On-Chain Data Says

BlackRock Sees Low Demand for Other Cryptos Other Than Bitcoin and Ethereum

Michael Saylor's MicroStrategy Plans to Raise $2B to Buy More Bitcoin

Ripple (XRP) vs. ETFSwap (ETFS): Which Coin Will Reach $50 First?

Ripple Partners with DIFC to Boost Blockchain in the UAE

Outsmart the Bears: Hedera’s Struggles and the Best Meme Coin on Presale with Lucrative Staking R...

Join our free newsletter for daily crypto updates!