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 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.

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.

Recent Posts

BTFD’s Beta Game Goes Live as Dogwifhat Dips and Ponke Holds Steady: Best Meme Coins to Join This Weekend

Explore why BTFD’s P2E Beta Game, Dogwifhat’s dip, and Ponke’s steady moves make them the…

21 minutes ago

Top Performing Crypto in December 2024 — A Chance for Unmatched Gains!

Uncover December 2024's top performing crypto: BlockDAG, Cosmos, Stacks, and Jupiter. Delve into their growth…

2 hours ago

Qubetics: $0.031 Today, $0.25 Tomorrow – The Best Crypto with 100x Potential as EOS Partners with Ceffu and Polkadot Targets $6.50

Qubetics at $0.031 targets $0.25, Polkadot eyes $6.50, and EOS partners with Ceffu. Discover why…

2 hours ago

Floki Expands to Europe, Osaka Redefines DeFi, and BTFD Bulls Charge—Best Meme Coins to Join This Week

Discover why Floki’s debit cards, Osaka’s DeFi model, and BTFD Coin’s $3.4M presale make them…

3 hours ago

$5.5M Raised and $TICS Flying Off the Shelves at $0.031! The Best Crypto for Exponential Returns Amid Render’s Surge and IMX’s Revolution

Qubetics presale raises $5.5M with $TICS at $0.031, Render sees price gains, and IMX revolutionises…

5 hours ago

Understanding How Qubetics, Ethereum, and TAO Stand Out as the Best Altcoins to Invest in This Week With Incredible ROI Opportunities

Discover why Qubetics, Ethereum, and Bittensor TAO are the best altcoins to invest in today,…

7 hours ago

This website uses cookies.