Ether ETFs Smash Records With $1 Billion Single-Day Inflow
Main Idea
Ether ETFs achieved a record-breaking $1.02 billion single-day inflow, while Bitcoin ETFs also saw significant inflows, with no outflows recorded in either market.
Key Points
1. Ether ETFs posted a record $1.02 billion in net inflows, with Blackrock’s ETHA leading at $639.79 million and Fidelity’s FETH contributing $276.90 million.
2. Bitcoin ETFs maintained momentum with $178 million in net inflows, led by Blackrock’s IBIT at $138.25 million.
3. No outflows were recorded in either Ether or Bitcoin ETFs, with total trading volumes of $2.77 billion and $3.66 billion respectively.
4. Grayscale’s Ether Mini Trust and Bitcoin Mini Trust also saw significant inflows of $66.57 million and $14.24 million respectively.
5. Other notable Ether ETF inflows included Vaneck’s ETHV ($9.42 million), Franklin’s EZET ($4.88 million), Bitwise’s ETHW ($4.30 million), and 21shares’ CETH ($3.86 million).
Description
Ether exchange-traded funds (ETFs) posted a jaw-dropping $1.02 billion inflow, their largest single-day entry ever, while bitcoin ETFs maintained momentum with $178 million in net inflows. Both markets saw zero outflows and robust trading activity. Blackrock Leads $1B Ether ETF Surge As Bitcoin ETFs Extend Gains Crypto ETF flows lit up the market on Monday,
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