đ Breaking News: Ether ETFs See Green! đ
Spot Ethereum ETFs in the US just had their first week of positive net inflows since their July 23 debut! đ„ł
- Total inflows: $104.8M (week of Aug. 5)
- Total traded value: $1.9B
- Net assets: $7.3B (as of Aug. 9)
Despite a 23% ETH price drop, six out of nine funds saw positive flows. BlackRockâs iShares Ethereum Trust (ETHA) led with $188.4M, now boasting over $900M in 13 days!
Fidelityâs Ethereum Fund (FETH) followed with $44.65M, totaling $342M. Other winners: Grayscale, VanEck, Bitwise, and Franklin.
đŹ Whatâs your take on this bullish trend? Comment below!