$ETH ETFs See Record $727M Inflow as #Altcoins Rally Against
$BTC Dominance
Spot Ether #ETFs recorded $726.6 million in net inflows on Wednesday, with #BlackRock's ETHA contributing $499 million.
The funds now collectively hold over 5 million
$ETH, accounting for more than 4% of the token's circulating supply.
Wednesday's inflow beats the previous daily record of $428 million by almost 70%, signaling strong institutional demand.
$ETH traded at $3,346, up 7.2% in 24 hours and 30% over 14 days, outperforming
$BTC modest gains.
Major altcoins, including
$XRP,
$SOL,
$DOGE, and
$ADA, posted gains of 3-8% as #Bitcoin dominance shows signs of peaking.
Corporate treasuries now hold over $5.33 billion in
$ETH, with SharpLink Gaming adding another $68 million in holdings.
