24-07-2024 09:56 via coinjournal.net

US spot Ethereum ETFs record $106 million net inflows on debut

The US spot Ethereum exchange-traded funds market saw $106.7 million in net inflows on their first trading.
BlackRock’s ETHA led with $266.5 million in inflows, while Grayscale’s ETHE recorded the most outflows.Having received the nod from the Securities and Exchange Commission following final regulatory filings, nine spot ETFs went live on July 23.
Together, they raked in more than $1 billion in trading volume as BlackRock led inflows with its iShares Ethereum Trust fund. As expect
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