Spot Ethereum ETFs in the US saw unprecedented inflows on Monday, attracting $295.5 million, more than doubling the previous record. Fidelity’s Ethereum ETF led the way with $115.5 million, followed by BlackRock’s ETHA with $101.1 million, while Grayscale and Bitwise products saw smaller but significant inflows.
The surge in investment comes after the recent US presidential election, with ETH spot ETFs collectively attracting $513 million in just four trading days. Daily trading volume also hit a new high of $912.9 million, indicating growing optimism over the potential for more positive regulatory changes than under a Joe Biden administration.
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