US Spot Ether exchange-traded funds attracted $717 million of US investor money on Wednesday, and now hold more than 4% of ETH’s circulating supply. US spot Ether exchange-traded funds clocked a new daily net inflow record of $717 million on Wednesday as altcoins rallied. BlackRock’s ETHA saw a daily inflow record, contributing $489 million to…
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The significant daily inflow into BlackRock’s spot Ether ETF comes as Ether’s price has seen its biggest weekly gains since May 2024. BlackRock, the world’s largest asset manager, has seen the highest daily inflows into its spot Ether exchange-traded fund (ETF) in 94 days. BlackRock’s iShares Ethereum Trust ETF (ETHA) clocked $60.3 million in inflows…
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Grayscale and Coinbase met with the SEC on March 6 to address concerns about the conversion of Grayscale’s Ethereum Trust into a spot ETF. Crypto firms Grayscale and Coinbase recently met with United States Securities and Exchange Commission (SEC) officials to discuss a rule change for the launch of spot Ether exchange-traded funds (ETFs). Grayscale…
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Central issues: Invesco to send off direct Ether ETF, Invesco Cosmic system Ether ETF, bypassing Ether prospects. Universe Computerized Assets to help Ether exchanges for the ETF, featuring Ethereum’s venture bid. Invesco, a global fund giant overseeing approximately $1.6 trillion in assets, has revealed its intentions to launch the Invesco Galaxy Ether ETF, according to a recent…
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