US spot exchange-traded funds tracking ether attracted their biggest single-day inflow on Monday, drawing roughly $1.02 billion, according to market data cited by several fund trackers. The surge eclipsed the previous July record and lifted cumulative net subscriptions for the products to more than $10 billion since their launch earlier this year. BlackRock’s iShares Ethereum Trust led the buying with an estimated $640 million, while Fidelity’s product recorded about $277 million. Aggregate trading volume across the suite of ether ETFs reached $3.1 billion for the day, underscoring growing institutional demand for exposure to the world’s second-largest cryptocurrency. The fresh inflows helped push ether 3.5 percent higher to about $4,430 on Tuesday, its strongest level in nearly four years and within 10 percent of the November 2021 all-time high. Ether outperformed a broader digital-asset market that slipped 1.6 percent, signaling that the renewed fund buying is concentrating investor interest in the token even as other major coins lose ground.
ETH trades above $4,500 amid Ethereum treasury buying spree, record ETF inflows https://t.co/auRXtR7bEl
ETH wasting no time, pushing $4,400 for the first time since Dec 2021 Here’s what kicked it into high gear: - CPI bullish - ETFs smash records with $1B inflow - Tom Lee revives “Flippening” talk - Sharplink’s $400M treasury boost - BitMine adds 317K ETH So, it begins frens 🚀
强!我只能用这一个字来形容了,周一 $ETH 现货 ETF 的净购买力达到了历史最高,从资金层面来看已经超过了 10亿 美元的单日购买量,这个数据是 $BTC 现货 ETF 的5.7倍以上,仅贝莱德一家在周一就买入了将近 15 万枚 ETH ,富达和灰度的购买都超过了5位数,富达超过 6万枚。 https://t.co/DgETsMIyjl https://t.co/fjqiEDUu1c