Ethereum ETF Inflows Hit $534M, Nearing Last Week’s Records
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Tuesday’s $533.9M inflow into US spot Ethereum ETFs nearly matched last week’s blockbuster numbers, ranking as the third-largest daily haul since launch.
BlackRock’s ETHA ($426.2M) again led the pack, though flows fell short of last Wednesday’s $726.7M peak. Analysts say the consistency—$1.3B in three sessions last week—hints at enduring demand.
“ETH’s momentum looks sustainable if BTC dominance keeps easing,” said Kronos Research’s CIO, pointing to favorable macro conditions. The ETFs, now a $4B+ market, are increasingly seen as a hedge for Bitcoin-missed opportunities, noted LVRG’s Nick Ruck.
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