Crypto News

Ethereum ETFs Inflows Reach $2 Billion in Less Than a Month With the rise in popularity of cryptocurrency, one of the most talked-about tokens in recent years has been Ethereum (ETH). And now, it seems that the demand for ETH has reached a new high with the inflows of its exchange-traded funds (ETFs) surpassing $2 billion in just under four weeks. This data comes from Farside Investors, a well-known investment research firm. The Impact of Grayscale's ETHE Outflows While this achievement is certainly impressive, it should be noted that this figure does not include the outflows of nearly $2.5 billion from Grayscale's Ethereum Investment Trust (ETHE). This means that the total inflows for Ethereum ETFs could have been even higher if these outflows were taken into account. An ETF Launch That Rivals the Best Nate Geraci, the CEO of ETF Store, pointed out that if we were to consider the cumulative value of these inflows under one ETF, it would be the fourth-largest ETF la...