💸 Wall Street on Ethereum: Money Flowing Like a River! 🚀
On Friday, November 29, investors poured huge amounts of money into American Ethereum-based funds (ETH-ETFs) — as much as $332.9 million in one day! 💥 This is a new record that beats the previous maximum of $295.5 million (held since November 11).
🏆 The champion of the day is the iShares Ethereum Trust (ETHA) fund from BlackRock. In one day, it attracted $250.4 million! And since its launch (July 23, 2024), the fund has already raised $2 billion. Someone clearly believes in Ethereum! 🚀
📈 Interestingly, Ethereum has surpassed Bitcoin in terms of investment: “only” $320 million was invested in BTC-based funds on November 29. 🤔 Over the past few days, more money has been flowing into ETH-ETFs than into Bitcoin. For example, from November 22 to 27, Ethereum funds received $224.9 million, while Bitcoin received only $35.2 million.
😎 Analysts joke that Wall Street has finally “joined the fun” and is starting to pump money into Ethereum
P.S. “Now it’s just a matter of time,” noted trader Pentoshi. Question: time until what? Until the moon? 🌕 😏
