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Bitcoin World 2024-08-29 05:55:57

US Spot Ethereum ETFs Witness $5.9 Million Net Inflows, Ending Nine-Day Outflow Streak

Introduction: The US spot Ethereum ETFs experienced a significant turnaround on August 28, with a combined net inflow of $5.9 million. This marks the end of a nine-day streak of consecutive net outflows, signaling a potential shift in investor sentiment toward Ethereum-focused exchange-traded funds (ETFs). The inflows were led by BlackRock’s ETHA and Fidelity’s FETH,

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