BlackRock's ETHA becomes the first Ethereum spot ETF to break through a net inflow of 1 billion US dollars
BlackRock's iShares Ethereum Trust (ETHA) has surpassed $1 billion in cumulative net inflows, becoming the first issuer among 11 to reach this milestone.
ETHA holds over $860 million in net assets, second only to Grayscale's Mini Ethereum Trust (ETH) and Ethereum Trust (ETHE).
According to SoSoValue data, ETHA's net inflow exceeds the total inflow of the next three ETFs. Since its launch on July 23rd, Fidelity's FETH has had a total inflow of $367 million, Bitwise's ETHW an inflow of $310 million, and Grayscale’s ETH an influx of $227 million. The net inflows for other ETFs are all less than $60 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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