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Ethereum ETFs are seeing increased institutional interest, recording a net inflow of $145 million.
according to statistics From SoSoValue, Ethereum (Ethereum) spot ETFs It received a notable net inflow of $145 million on December 17, indicating growing institutional confidence in Ethereum-backed financial instruments.
With notable inflows of $135 million per day, BlackRock’s ETHA topped inflows and now has the largest net Ethereum ETF inflow at $3.365 billion. With a net inflow of $4.45 million, Grayscale’s ETH, a major participant in the ETF market, increased its previous net inflow to $616 million.
With $5.72 billion in cumulative net assets, Grayscale The ETHE ETF remains dominant despite the lack of new inflows yesterday, maintaining cumulative net outflows of $3.517 billion.
Ethereum ETFs now have an NAV of $14.04 billion, which equates to 2.96% of Ethereum’s entire market cap of about $461.51 billion at the time of writing. As Ethereum continues to strengthen its position in the digital asset market, institutional participation is growing, as evidenced by the total net inflow across all Ethereum ETFs, which has now exceeded $2.46 billion.
Investors are also looking to gain exposure to… Ethereum Underlying Technology and Growing Ecosystem Continued capital inflows indicate growing confidence in cryptocurrency’s place in the changing environment.
