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The U.S. spot Ethereum ETFs have just had a record-breaking day, pulling in a massive $726.74 million in net inflows on Wednesday.
According to data from the ETF aggregator platform SosoValue, BlackRock’s ETHA saw a $499.25 million inflow on the day to top the chart among the other ETF products. With that inflow, BlackRock increased its ETHA holding by 0.83%.
Related: Ethereum Bullish Breakout: How Far Will ETH Price Rally in July?
Besides BlackRock, all the other US spot Ethereum ETF products, except 21Shares’ CETH, recorded positive net daily inflows.
Grayscale added $33.04 million worth of ETHE to its ETF holdings, while Fidelity’s FETH holdings increased by $113.31 million. Other ETF products with notable inflows on Wednesday include Bitwise’s ETHW, which saw a $14.45 million inflow, Grayscale’s ETH with $54.18 million, and VanEck’s ETHV with a $3.69 million inflow.
…The post Record-Breaking Spot Ethereum ETF Adds Over $726 Million in One Day appeared first on Coin Edition.
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