The net inflow of Ethereum ETF reached a record high of $428 million yesterday, showing a net inflow
According to SoSoValue statistics, the US Ethereum spot exchange traded fund (ETF) recorded a net inflow of $428 million on Thursday, setting a record for the highest daily net inflow total. In addition, these Ethereum ETFs have shown net inflows for 9 consecutive trading days.
The Ethereum spot ETF with the highest net inflow amount yesterday was the ETHA fund issued by BlackRock, with an amount of approximately $292 million, followed by the FETH issued by Fidelity, with an amount of approximately $113 million. The only net outflow yesterday was from the ETHE fund issued by Grayscale, with an amount of approximately $15.12 million.
While funds have been continuously pouring into the Ethereum ETF recently, the price of Ethereum (ETH) has risen from around $3300 to nearly $4000, with a 9.5% increase in the past 7 days. The trading price of Ethereum before the deadline is $3900.
On the other hand, the US Bitcoin spot ETF recorded a net inflow of $766 million on Thursday, showing a net inflow for six consecutive trading days.