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Ethereum spot ETFs have been finally given the green light to start trading, but can they replicate Bitcoin’s ETF success?
The debut of spot Ethereum ETFs in the United States has seen some of the highest inflows in the last week, with the newly launched funds attracting $2.2 billion last week, according to CoinShares.
The recent price increase has pushed the total assets under management to $99.1 billion, with year-to-date inflows hitting a milestone of $20.5 billion. During the same period, short-Bitcoin investment products saw modest inflows of $0.3 million. This relatively minor increase contrasts sharply with the weekly inflows into Bitcoin, indicating that while some investors are hedging their bets against potential downturns, the overall sentiment remains bullish.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！
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