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News

Ethereum Spot ETF Inflows Hit $837M Weekly Record High

December 9, 2024 - Around 2 mins mins to read

Key Points:

  • Ethereum Spot ETF Inflows hit a record $837M last week, led by BlackRock ETHA at $573M.
  • Bitcoin Spot ETFs recorded $2.73B weekly inflows, marking the second highest in history.
Ethereum Spot ETF Inflows hit a record $837M last week, led by BlackRock’s ETHA at $573M. Bitcoin ETFs also surged, with $2.73B in net inflows in the same period.
Ethereum Spot ETF Inflows Hit $837M Weekly Record High

Ethereum Spot ETF Inflows Reach Historic Highs

Ethereum spot ETFs received $837 million between December 2 and 6. BlackRock’s ETHA led and benchmarked funds with $573 million. This exceptional activity highlights investor interest in Ethereum as a long-term asset.

Ethereum ETF inflows are soaring, indicating institutional adoption. According to Sosovalue, ten days of healthy inflows have proved Ethereum ETFs’ durability and appeal for diverse investment portfolios.

Read more: Bitcoin Spot ETF Inflows Hit $377M As Streak Extends Seven Days

Bitcoin ETFs Record $2.73B in Weekly Inflows

Last week, Bitcoin spot ETFs had their second-largest net inflows ever, $2.73 billion. BlackRock‘s IBIT fund led inflows with $2.63 billion. These data demonstrate Bitcoin’s ETF dominance.

Bitcoin ETF purchases demonstrate continued belief in its digital gold value. Institutional investors are increasingly embracing Bitcoin ETFs due to regulated exposure, expanding this market segment.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Bitcoin

Bitcoin Spot ETF

Ethereum

Ethereum Spot ETF

Author

William

In the fast-paced world of day trading, I've honed my skills for over six years using technical analysis tools and crafting short-term strategies. My expertise isn't from textbooks but from the trenches of online trading communities. I excel at reading chart patterns, applying technical analysis, and mastering risk management. "The market is about probabilities," I declare. As Editor at Coincu, I empower readers with the insights and strategies to conquer the dynamic world of day trading.
News

Ethereum Spot ETF Inflows Hit $837M Weekly Record High

Key Points:

  • Ethereum Spot ETF Inflows hit a record $837M last week, led by BlackRock ETHA at $573M.
  • Bitcoin Spot ETFs recorded $2.73B weekly inflows, marking the second highest in history.
Ethereum Spot ETF Inflows hit a record $837M last week, led by BlackRock’s ETHA at $573M. Bitcoin ETFs also surged, with $2.73B in net inflows in the same period.
Ethereum Spot ETF Inflows Hit $837M Weekly Record High

Ethereum Spot ETF Inflows Reach Historic Highs

Ethereum spot ETFs received $837 million between December 2 and 6. BlackRock’s ETHA led and benchmarked funds with $573 million. This exceptional activity highlights investor interest in Ethereum as a long-term asset.

Ethereum ETF inflows are soaring, indicating institutional adoption. According to Sosovalue, ten days of healthy inflows have proved Ethereum ETFs’ durability and appeal for diverse investment portfolios.

Read more: Bitcoin Spot ETF Inflows Hit $377M As Streak Extends Seven Days

Bitcoin ETFs Record $2.73B in Weekly Inflows

Last week, Bitcoin spot ETFs had their second-largest net inflows ever, $2.73 billion. BlackRock‘s IBIT fund led inflows with $2.63 billion. These data demonstrate Bitcoin’s ETF dominance.

Bitcoin ETF purchases demonstrate continued belief in its digital gold value. Institutional investors are increasingly embracing Bitcoin ETFs due to regulated exposure, expanding this market segment.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.