US Spot Ether exchange-traded funds attracted $717 million of US investor money on Wednesday, and now hold more than 4% of ETH’s circulating supply.
US spot Ether exchange-traded funds clocked a new daily net inflow record of $717 million on Wednesday as altcoins rallied.
BlackRock’s ETHA saw a daily inflow record, contributing $489 million to the day’s results and Fidelity’s FETH fund saw the second-highest net inflow of $113 million, according to preliminary data.
US spot Ether ETFs now collectively hold more than 5 million ETH, accounting for more than 4% of the circulating supply.
