Ethereum is on fire! ๐ฅ On November 6, U.S. spot Ether ETFs saw their biggest inflows in 6 weeks, totaling a massive $52.3 million. This surge comes as Ethereum's price rockets by 10%, reaching an intraday peak of $2,872โits highest level since early August! ๐
๐ก Why It Matters:
Fidelity's Ethereum Fund led the way with a $26.9 million boost!
Grayscaleโs Ethereum Mini Trust wasnโt far behind, bringing in $25.4 million.
Overall, Ethereum ETFs show resilience, despite some challenges from BlackRockโs iShares Ethereum Trust.
๐ Meanwhile, Bitcoin ETFs are also seeing massive growth, with $622 million pouring in on the same day!
The crypto market is responding with a 4% increase in market cap, pushing the total to $2.64 trillion. ๐ฅ
๐ With $ETH price action on fire, is now the time to get in? Letโs discuss!
#Ethereum #CryptoNewss #ETH๐ฅ๐ฅ๐ฅ๐ฅ
#ETF_ETH #CryptoGains
