“The ETF Has Seen Significant Investor Inflows, with Over $ 1 Billion Collected Since June, Indicating Bullish Market Sentiment For Ether.”, – WRITE: www.coindesk.com
Rose Nearly 6% Wednesday, OutperForming Bitcoin
Xrp
and Solana’s Sol
AS Experted. The Outperformance Saw Record Trading Activity in Blackrock’s Spot Ether Exchange-Traded Fund
(Etf)
Etha, listed on nasdaq.
More than 43 Million Shares of Eth Changed Hands Wednesday, The Highest Single-Day Tally Since the Fund’s Debut A Year Ago, Nearly Doubling from The Previos Day’s Total.
Daily Volumes Have Been Rising for Over A MONTH, AS EVIDENCED by the 30-Day Average, Which Has Climbed To a Record 18.83 Million from 12.97 Million in Early June, Access to Data Sour.
ETHA’S Daily Chart with Trading Volumes. (Coindesk/TradingView)
The etf has also seen brisk inflow of investor money, Pointing to a bullish Market Sentiment for the Second-Largest Cryptocurrency by Market Value. The ETF Has Collectrated Over $ 1.20 Billion in Investor Money Since June, with The Net Inflows totling $ 159 Million on Tuesday, The Biggest Single-Day Tally Since June 11, Access to Data.
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