COINOTAG News reports that on February 5th, a significant milestone was achieved as BlackRock recorded a remarkable net inflow of 100,535 ETH, translating to approximately 2.8492 billion USD. This influx marks the highest single-day inflow in terms of ETH since the inception of the ETF series. Coupled with a substantial trading volume of 250 million USD, this event highlights the growing interest and institutional adoption of Ethereum within the cryptocurrency market. Investors are increasingly acknowledging the potential of ETH as a foundational asset, as evidenced by such unprecedented inflows. As regulatory developments continue to unfold, market participants are keenly observing these trends that could further influence Ethereum’s valuation and its overall market dynamics. This record-setting event underscores the vitality of digital assets in traditional finance.
Source: https://en.coinotag.com/breakingnews/record-breaking-100535-eth-inflow-marks-historic-day-for-blackrocks-etf-series/