Ethereum Spot ETFs Post Historic $1B+ Inflow — Largest Since Launch
I observed that U.S. Ethereum (ETH) spot ETFs recorded a historic net inflow of $1,019.62 million (approximately 1.4169 trillion KRW) on August 11, marking the largest single-day inflow since these products launched.
This was the first instance where daily net inflows into ETH spot ETFs surpassed the $1 billion threshold. TraderT reports that BlackRock's ETHA accounted for about $640 million and Fidelity's FETH contributed roughly $280 million of the total net inflows, highlighting notable institutional demand for Ethereum through spot ETF vehicles.
AI Analysis
AI Recommendation
Disclaimer
The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.