The post U.S. Spot Ethereum ETFs Register ATH Daily Inflows Amidst ETH Price Rally appeared first on Coinpedia Fintech News
U.S.-based spot Ethereum ETFs on Friday recorded their highest single-day inflows since trading began in July of this year, adding nearly $333 million in value following the market’s closed on Thursday. BlackRock’s ETHA, added over $250 million in value alone, and Fidelity’s FETH, logged about $79 million. Grayscale’s ETH fund added $3.4 million, while no other funds registered significant inflows or outflows. The record day comes after nearly 40% gain in ether’s price over the past month. Ethereum’s price is currently hovering around $3,682, up over 2% in the last 24 hours.