BREAKING
248d 23h ago
Ethereum Spot ETF Sees $25.3 Million Net Inflow Driven by BlackRock and Grayscale Investments
ETH
ETH/USDT
$2,127.12
+4.51%
$2,127.12
+4.51%
(24s)24h Volume
$39,049,302,904.94
24h H/L
$2,145.26 / $2,009.54
Change: $135.72 (6.75%)
Long/Short
69.8%
Long: 69.8%Short: 30.2%
Funding Rate
-0.0018%
Shorts pay
Data provided by COINOTAG DATALive data
According to data from Farside Investors, the US Ethereum spot ETF experienced a significant net inflow of $25.3 million on June 6th. This influx was primarily driven by BlackRock’s ETHA fund, which attracted $15.9 million in new investments, alongside Grayscale’s Mini ETH fund, which saw an addition of $9.4 million. These figures underscore growing institutional interest in Ethereum-based financial products, reflecting a broader trend of increased capital allocation within the crypto asset management sector. Market participants should monitor these inflows as indicators of investor confidence and potential shifts in Ethereum market dynamics.
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