US ETH Spot ETF Turns to Net Inflow After Only 5 Trading Days
CryptoNewsTerminal Staff10 Sep, 2024
US ETH Spot ETF Turns to Net Inflow After Only 5 Trading Days
US Ethereum (ETH) spot ETF recorded a net inflow of $11.4 million on September 10, marking a shift from the net outflows experienced over the previous five trading days. BlackRock's ETHA ETF saw a net inflow of $4.27 million, while Fidelity's FETH ETF attracted $7.13 million. No inflows or outflows were observed in the remaining ETFs. This reversal suggests growing investor confidence in the ETH market, despite recent price fluctuations. As the Ethereum Merge approaches, the spot ETF market is expected to see further activity. ```
