Ethereum spot ETF experienced its highest inflow period during the past week.
ETH spot ETF recorded a total net inflow of $515.17 million last week.
Retail investors consider the surge in ETF inflow a positive signal for Ethereum.
Ethereum spot ETF experienced its highest inflow period during the past week. The week ending Friday, November 15, saw the ETH spot ETF record a total net inflow of $515.17 million, over three times more than the previous record.
In the meantime, it is crucial to note that last week’s inflow marks the second consecutive period that the Ethereum spot ETF recorded new milestones. Before the latest record, Soso Value data showed that the novel financial product attracted $154.66 million in inflows in the previous week.
Further details reveal that the spot ETH ETF accumulated $9.15 billion in total net assets, adding $880 million from the previous week. However, the increase in spot Ethereum ETF inflow did not cause a matching rise in ETH’s value.
Soso Value’s data reveals a minor increase in Ethereum’s price, with the crypto token rising from $2,961 the previous week to $3,090 in the week under review. However, those fig…
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