The Ethereum ETF has achieved positive weekly flow growth for the first time since its launch
Since its launch on July 23, the US spot Ethereum exchange-traded fund has achieved a net inflow in its first week. According to data from ETF tracking agency SoSoValue, within the week starting August 5, nine newly launched US spot Ether ETFs had a total net inflow of $104.8 million. As of August 9, the total trading value was $1.9 billion, bringing the net asset value to $7.3 billion.
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.
You may also like
Jupiter Exchange acquires lending market Rain.fi
U.S. crypto-related stocks continue to weaken in pre-market trading
FTX/Alameda unstakes 194,800 SOL worth $25.5 million
Data: A new wallet withdrew 37,002 SOL from an exchange, worth approximately $4.84 million.