BREAKING
381d 7h ago

Ethereum Spot ETF Sees $9.2 Million Net Inflow Amid Rising Investor Interest

ETH

ETH/USDT

$2,127.12
+4.51%
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
Ethereum
Ethereum
Daily

$2,121.96

1.67%

Volume (24h): -

Resistance Levels
Resistance 3$2,577.98
Resistance 2$2,403.28
Resistance 1$2,234.29
Price$2,121.96
Support 1$1,994.75
Support 2$1,826.83
Support 3$1,157.44
Pivot (PP):$2,110.44
Trend:Downtrend
RSI (14):32.9

COINOTAG News reports that on January 25th, the US Ethereum spot ETF experienced a significant net inflow of $9.2 million, according to the latest analysis from Farside Investors. This uptick in investment highlights the growing interest in Ethereum as an asset class. Notably, the Bitwise ETHW product garnered a remarkable net inflow of $6 million, signaling confidence among institutional investors. Additionally, 21 Shares’ CETH and Grayscale’s QETH saw net inflows of $1.2 million and $2 million, respectively. These figures suggest a robust trend in institutional adoption of Ethereum-based products, indicating a positive outlook for the cryptocurrency market. The ongoing shifts in investment strategies further underscore Ethereum’s position as a pivotal player in the evolving digital finance landscape.

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