Ethereum

Spot Ether exchange-traded funds in the United States just had their biggest single day of inflows in history and a ninth consecutive trading day of positive flows for the rallying cryptocurrency.The nine spot Ether ETFs saw an aggregate inflow of $431.5 million on Dec. 5, <a href="https://farside.co.uk/eth/" rel="noopener noreferrer nofollow">according</a> to <a href="https://x.com/News_Of_Alpha/status/1864837430156619920" rel="noopener noreferrer nofollow">preliminary</a> data from Farside Investors and decentralized news aggregator Tree News.It was the largest daily inflow since <a href="https://cointelegraph.com/news/us-ether-etfs-staking-may-be-imminent-bernstein" rel="noopener noreferrer nofollow">the funds</a> launched on July 23, eclipsing the previous <a href="https://cointelegraph.com/news/ethereum-funds-record-net-inflows-2024-coinshares" rel="noopener noreferrer nofollow">record</a> of $333 million on Nov. 29. The Ether <a href="https://cointelegraph.com/ethereum-price" rel="noopener noreferrer nofollow">ETH</a><img src="https://academy-public.coinmarketcap.com/optimized-uploads/bd5bb1a76c1b4adc93d1a0109158e048.svg&#43;xml" />$3,866.04 ETFs have been at a daily net positive since Nov. 21 and have accumulated more than $1.3 billion over the past fortnight.The massive inflow day brought the total net inflow to over $1 billion, a figure that is steadily increasing now that Grayscale’s Ethereum Trust has slowed its bleed.The BlackRock iShares Ethereum Trust contributed the lion’s share of the day’s inflows with a record $295.7 million, bringing its total inflow to $2.3 billion.Fidelity’s Ethereum Fund inflow reached $113.6 million on the day, while Grayscale’s Ethereum Mini Trust had $30.7 million and the Bitwise Ethereum ETF recorded $6.6 million.Grayscale’s Ethereum Trust registered an outflow of $15.1 million and the rest of the funds recorded zero flows.

U.S. spot Ethereum see largest daily inflows since launch with $431.5M on Dec 5

Global Rashid

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