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Coin Edition 2024-12-06 12:21:06

ETH Spot ETFs Break Records: $434M in One Day and $1B Total Inflows in 96 Days

ETH Spot ETFs Break Records: $434M in One Day and $1B Total Inflows in 96 Days

Ethereum spot ETFs have surpassed $1 billion in cumulative net inflows. BlackRock (ETHA) led the ETF inflow by adding 257,300 ETH in nine days. Ethereum ETF inflow surge tallies with ETH’s price rally in the crypto market. US Ethereum spot ETFs have surpassed $1 billion in cumulative net inflows after just 96 trading days, according to data from Spot On Chain, an AI-powered market analysis platform. December 5th stands out as a record-breaking day, with ETH ETFs recording a massive inflow of $434.6 million. US #Ethereum ETFs have surpassed $1 billion in cumulative net inflows after 96 trading days! Notably, on Dec 5, 2024, ETH ETFs recorded $434.6M in inflows, the largest since launch, marking 9 consecutive positive days—the longest streak yet. #BlackRock (ETHA) led the way,… pic.twitter.com/T5eeh4NyUp — Spot On Chain (@spotonchain) December 6, 2024 Leading up to December 5th, US Ethereum spot ETFs saw their longest streak of consistent net inflows – a full nine days with no negative flows. This marks the longest such period since these products launched. BlackRock’s ETHA led the charge, adding 257,300 ETH (about $946.6 million) during this streak… The post ETH Spot ETFs Break Records: $434M in One Day and $1B Total Inflows in 96 Days appeared first on Coin Edition .

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