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US Spot Ether ETFs Record Biggest Inflows in History Amid Crypto Market Rally After Trump's Election Victory

US Spot Ether ETFs Record Biggest Inflows in History Amid Crypto Market Rally After Trump's Election Victory

CointimeCointime2024/11/12 06:11
By:Cointime

US spot Ether exchange-traded funds (ETFs) experienced their highest ever day of inflows, with $294.9 million recorded on November 11th. The Fidelity Ethereum Fund (FETH) led the way with $115.5 million in inflows, followed by the iShares Ethereum Trust ETF (ETHA) with $100.5 million. The Grayscale Ethereum Mini Trust ETF (ETH) came in third with $63.3 million in inflows, while the Bitwise Ethereum ETF (ETHW) recorded $15.6 million. Ether (ETH) rose 8.4% to a 14-week high of $3,384 on the same day, but is still playing catch up with Bitcoin (BTC) and other competitors.

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