U.S.-listed spot Ethereum ETFs have recorded net inflows for four consecutive days, driven entirely by BlackRock's iShares Ethereum Trust (ETHA). On July 7, ETHA alone attracted $26.93 million in net inflows, marking a 30% increase from the previous day and highlighting sustained institutional demand despite broader crypto market volatility. Total assets in U.S. spot Ethereum ETFs now stand at about $9.53 billion, with ETHA as the dominant fund holding nearly $4.93 billion. This trend suggests that spot Ethereum ETFs are increasingly viewed as strategic investments alongside Bitcoin products, with market watchers keen to see if inflows will expand beyond the largest issuer.
Bitcoin is trading above $63,900, showing a modest gain of about 1.06%, while other major cryptocurrencies like Ethereum and Binance Coin show slight declines or gains. The market exhibits mixed performance with some altcoins like ADA and ALGO rising...
Bitcoin rose above $63,800 following the strongest US ISM Manufacturing PMI in over four years, signaling economic expansion without immediate inflation pressure. Oil prices fell sharply after the US called off strikes on Iran, easing geopolitical te...
Cryptocurrency markets display varied price changes, with Bitcoin trading around $63,666, up 0.93%. Ethereum and Binance Coin show modest gains, while some altcoins like ATOM (+6.76%) and ALGO (+5.45%) experience stronger upward moves. Stablecoins re...
In late July, Bitcoin ETFs experienced significant outflows totaling $326.7 million, coinciding with Bitcoin's price drop from around $64,000 to $62,556.58. Meanwhile, Ethereum and other altcoin ETFs showed stronger inflows despite similar price decl...
Last week, US crypto spot ETFs showed contrasting flows: Bitcoin ETFs had significant outflows totaling about $61.53 million, driven mainly by institutional sales from Fidelity and Grayscale. Meanwhile, Ethereum ETFs attracted $27.42 million in inflo...
