BlackRock's iShares Ethereum Trust Surpasses $1 Billion in Net Inflows, Becoming First Among 11 Issuers to Reach Milestone
BlackRock's iShares Ethereum Trust (ETHA) has become the first among 11 issuers to reach $1 billion in cumulative net inflows, according to data. However, Ethereum ETFs as a whole have seen cumulative net outflows of over $440 million, underperforming compared to bitcoin ETFs. BlackRock's bitcoin fund even ranked among the top five ETFs for 2024 inflows. ETHA holds over $860 million in net assets, surpassed only by Grayscale’s mini ether trust (ETH) and Ethereum trust (ETHE).
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Subscribe to ETH Earn products for dual rewards exclusive for VIPs— Enjoy up to 10% APR and trade to unlock an additional pool of 50,000 USDT
Bitget Spot Margin Announcement on Suspension of SANTOS/USDT, MYRO/USDT, DUSK/USDT, PHB/USDT, ALPINE/USDT Margin Trading Services
CandyBomb x RAVE: Trade futures to share 200,000 RAVE!
Bitget TradFi: Trade gold, forex, and more assets in one account
Trending news
MoreCrypto prices
More
