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.

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