$ETH ETFs Set Record With 20 Consecutive Days of Net Inflows
Spot
$ETH #ETFs recorded their longest positive flow streak since launch, bringing in $17 million on Thursday.
#BlackRock's ETHA led with $18.2 million in inflows, followed by Fidelity's FETH at $5.6 million.
The 20-day run generated nearly $5.4 billion in total inflows, surpassing the previous 19-day streak's $1.37 billion.
$ETH ETFs now hold $21.52 billion in total net assets, representing 4.77% of Ethereum's market cap.
Market rotation from
$BTC to
$ETH drove the momentum as investors seek opportunities beyond Bitcoin's recent highs.
SEC Chair Paul Atkins declared "most crypto assets are not securities," boosting #altcoin ETF prospects including
$SOL,
$XRP, and
$DOGE.
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