US launch of Spot Ethereum ETFs delivers highest inflows since December 2020! 🎉 According to CoinShares, new funds attracted $2.2 billion last week. However, the net outflow was $285 million due to Grayscale's $1.5 billion Ethereum trust.
Bitcoin also saw strong inflows, $519 million for the week! Altcoins are also active; Cardano, Litecoin and XRP recorded small inflows. Germany attracted attention with the highest outputs.