🔹 BlackRock's Ethereum ETF hits $1B in 2 months, tops U.S. rankings
Just two months after its launch, the asset value in BlackRock's spot Ethereum ETF exceeded $1 billion — this figure places the investment product in the top 20% of ETFs out of 3,700 available on the U.S. market ⚡
Total inflows into U.S. Ethereum ETFs last week amounted to $84.5 million ✨
The coin has repeatedly tried to overcome the level of $1.8378, but buyers currently do not have enough strength to go above this level.
After unsuccessful attempts to breakout, most traders began to gradually fix their positions, which led to the beginning of a correction and the price moving below the moving MA50.
If this trend continues, we will see a deeper correction in the asset and attempts to break through the moving MA200.