Ethereum Spot ETF Sees $25.3 Million Net Inflow Driven by BlackRock and Grayscale Investments

According to data from Farside Investors, the US Ethereum spot ETF experienced a significant net inflow of $25.3 million on June 6th. This influx was primarily driven by BlackRock’s ETHA fund, which attracted $15.9 million in new investments, alongside Grayscale’s Mini ETH fund, which saw an addition of $9.4 million. These figures underscore growing institutional interest in Ethereum-based financial products, reflecting a broader trend of increased capital allocation within the crypto asset management sector. Market participants should monitor these inflows as indicators of investor confidence and potential shifts in Ethereum market dynamics.

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Source: https://en.coinotag.com/breakingnews/ethereum-spot-etf-sees-25-3-million-net-inflow-driven-by-blackrock-and-grayscale-investments/