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4 Comments
tldr; Ethereum spot ETFs have seen a significant net inflow of $145 million, reflecting increased institutional interest in Ethereum-backed financial instruments. BlackRock’s ETHA led with $135 million in inflows, reaching a total net inflow of $3.365 billion. Grayscale’s ETH also saw a net influx, raising its total to $616 million. Despite no new inflows, Grayscale’s ETHE ETF remains dominant with $5.72 billion in net assets. Overall, Ethereum spot ETFs now hold a net asset value of $14.04 billion, indicating growing confidence in Ethereum’s market position.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
On one hand this sounds like so much money, on the grand total it’s such a small amount however
why no moon?
So is this means price will break the 4k?