CoinShares Head of Research: Newly Launched U.S. Ether ETFs See $1 Billion in Inflows This Week
The newly launched U.S. ethereum ETF saw $1 billion in inflows this week, James Butterfill, head of research at CoinShares, said on the X platform. However, similar to the launch of the Bitcoin ETF, Grayscale's legacy funds have seen significant outflows. As a result, there have been net outflows of $180 million since the launch of the ethereum ETF.
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
Arthur Hayes: Maybe Monad can unlock all tokens and retain users, challenging Ethereum and Solana
Hyperliquid confirms that 1.75 million HYPE tokens have been unlocked for developers and core contributors.
The HyperLiquid team unstakes 2.6 million HYPE tokens, with part of the funds restaked.
The National Bank of Kazakhstan (NBK) is considering investing up to $300 million in crypto assets.
Trending news
MoreCrypto prices
More
