BlackRock's iShares Ethereum Trust Becomes First US Spot Ethereum ETF to Cross $1 Billion in Net Inflows
BlackRock's iShares Ethereum Trust Becomes First US Spot Ethereum ETF to Cross $1 Billion in Net InflowsData from Farside Investors shows that BlackRock's iShares Ethereum Trust (ETHA) received $26.8 million in inflows on August 20, making it the first US spot Ethereum exchange-traded fund (ETF) to surpass $1 billion in cumulative net inflows
BlackRock's iShares Ethereum Trust Becomes First US Spot Ethereum ETF to Cross $1 Billion in Net Inflows
Data from Farside Investors shows that BlackRock's iShares Ethereum Trust (ETHA) received $26.8 million in inflows on August 20, making it the first US spot Ethereum exchange-traded fund (ETF) to surpass $1 billion in cumulative net inflows. This milestone highlights the ongoing investor interest in Ethereum and the growing acceptance of cryptocurrencies among institutional investors. ETHA began trading on June 12, 2023, and its listing quickly garnered market attention as one of the first spot Ethereum ETFs to launch in the US. The fund's success has attracted more institutional investors to the Ethereum market and fostered the wider adoption of Ethereum.
Tag: Ethereum BlackRock iShares Trust Becomes First US Spot ETF
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