Ethereum

United

BlackRock

The introduction of spot Ethereum ETFs in the United States has marked a noteworthy achievement for crypto fans and investors. The Ethereum ETF (ETHA) offered by BlackRock attracted the highest amount of new investments, totaling $266.5 million.  
This resulted in a daily trading volume above $1 billion. The Grayscale Ethereum Trust (ETHE) witnessed substantial outflows amounting to $484.1 million, in contrast to other ETFs which observed a combination of inflows and outflows.  
The Ethereum ETF offered by Bitwise, known as ETHW, experienced the second-largest increase in funds with around $204 million. Similarly, Fidelity's Ethereum ETF, FETH, demonstrated robust success by attracting $71.3 million in new investments.  
Franklin Templeton's EZET accumulated $13.2 million. Several other ETFs experienced inflows in the single digits, resulting in a total cumulative inflow of $106.6 million.  
The investment flows for the new Ethereum ETFs exhibit varied investor sentiments, with <a href="https://optimisus.com/market/market-news/blackrock-launches-its-first-video-for-ethereum-etf-investors/" rel="noopener noreferrer nofollow">BlackRock's ETHA</a> and Bitwise's ETHW witnessing substantial inflows, Grayscale's ETHE encountering significant withdrawals, and Fidelity's FETH and Franklin Templeton's EZET enjoying noteworthy inflows.  
The introduction of these ETFs is a significant milestone for the cryptocurrency sector, offering investors fresh avenues to invest in Ethereum. 
The post <a href="https://optimisus.com/news/crypto-news/blackrocks-ethereum-etf-launch-sees-over-260-million-in-inflows/" rel="noopener noreferrer nofollow">BlackRock’s Ethereum ETF launch sees over $260 million in inflows</a> appeared first on <a href="https://optimisus.com" rel="noopener noreferrer nofollow">Optimisus</a>.

BlackRock’s Ethereum ETF launch sees over $260 million in inflows

Optimisus

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