Ethereum

Million

Daily

<ul class="wp-block-list news-points"> 
 <li>Ethereum spot ETFs recorded a total net inflow of $295 million on Monday.</li> 
 <li>Spiking inflow highlights growing ETH ETF adoption.</li> 
 <li>ETH has surged over 42% in the past seven days.</li> 
</ul> 
Data from Soso Value show that Ethereum spot ETFs saw a total net inflow of $295 million on Monday, November 11. The two products with the largest inflows were Fidelity ETF (FETH), which had a $115 million daily inflow, and BlackRock’s ETHA, which had a $101 million inflow. 
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Meanwhile, Soso Value’s data reveals Grayscale’s Ethereum ETF attracted a $63.32 million inflow, while Bitwise’s product, ETHW, had a $15.57 million inflow to complete the total inflow for the day.&nbsp; 
The high inflow rates in spot <a href="https://x.com/WuBlockchain/status/1856231363831312413" target="_blank" rel="nofollow">Ethereum ETF</a> products indicate growing adoption and capital moving into the cryptocurrency ecosystem last week. A bullish market shows that investors are returning and that new users are entering the crypto industry. 
Focusing on the specifics, Ethereum, the second-largest cryptocurrency by market capitalization, has experienced a general surge in capital inflow. Ethereum’s market cap was $209.04 billion on November 5, the day of the U.S. presidential election. One week later,…
The post <a href="https://coinedition.com/ethereum-etf-sets-new-record-with-295-million-daily-inflow-eth-price-surges/">Ethereum ETF Sets New Record With $295 Million Daily Inflow, ETH Price Surges</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

Ethereum ETF Sets New Record With $295 Million Daily Inflow, ETH Price Surges

Coin Edition

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