Spot Ethereum ETFs
Spot Ethereum ETFs: Strong Initial Inflows
Spot Ethereum ETFs launched in the US on July 23, 2024, and experienced a strong start.
Total net inflow on the first day: $107 millionBlackRock's iShares Ethereum Trust led with $267 million in subscriptions.Bitwise
Ethereum and Fidelity Ethereum Fund also saw significant inflows.
This is a promising start for the new Ethereum ETFs, especially considering the recent approval of spot Bitcoin ETFs which have seen substantial inflows.