ETH ETFs hit $8.32B as smart money ditches Bitcoin - here's why
Key Points
- Ethereum ETFs have seen $8.32 billion in inflows, overshadow...
Ethereum ETFs just collected $8.32 billion in cumulative inflows, proving that even Wall Street's finest can change their minds when the numbers start talking. What began as a modest $4.25 billion trickle on July 2nd has turned into a financial avalanche that's making Bitcoin look like yesterday's news.
BlackRock's Money Magnet Strikes Again
BlackRock's iShares Ethereum Trust (ETHA) is doing what BlackRock does best - hoovering up assets like a Roomba on steroids. The fund now manages $10 billion after sucking in $426.22 million on July 22nd alone. Meanwhile, Fidelity's FETH chipped in a...
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