Best Crypto to Buy Now as ETH Spot ETFs Record $13.7B in Inflows
Ethereum spot ETF inflows are surging amidst a week of aggressive institutional buying. In August alone, inflows have jumped 44%, now totaling $13.7B. On August 11th, in particular, $ETH recorded its highest-ever single-day inflow: over $1B. Most of this demand is coming from companies and institutions hoarding $ETH as bullish pressure continues to build. Currently, […]
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Data shows the Ethereum spot exchange-traded funds (ETFs) have seen weekly inflows five times the recent average, while Bitcoin has seen a slowdown in momentum. Ethereum Spot ETFs Have Seen 154,000 ETH In Inflows This Week In a new post on X, the analytics firm Glassnode has talked about the latest trend in the netflow related to the US-based Ethereum spot ETFs. The “spot ETFs” refer to investment vehicles that allow an alternate means of exposure to a given asset. This means that with a spot ETF, a trader can ‘invest’ into an asset without having to directly own....
After a horrendous start to the year, the United States-based spot Ethereum ETFs (exchange-traded funds) have managed to turn their fortune around over the past few weeks. This positive trend mirrors the shift in sentiment amongst Ethereum investors since the start of the year’s second quarter. Ethereum ETFs Hit 15 Consecutive Days Of Capital Inflows […]
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