BlackRock's ETHA becomes the first Ethereum spot ETF to surpass $1 billion in net inflows
ChainCatcher news, BlackRock's iShares Ethereum Trust (ETHA) has surpassed $1 billion in cumulative net inflows, becoming the first issuer among 11 to reach this milestone.
ETHA holds over $860 million in net assets, second only to Grayscale's Mini Ethereum Trust (ETH) and Ethereum Trust (ETHE).
According to SoSoValue data, ETHA's net inflows exceed the total inflows of the next three ETFs combined. Since the fund's launch on July 23, Fidelity's FETH has seen a total inflow of $367 million, Bitwise's ETHW has seen $310 million, while Grayscale's ETH has seen $227 million. Other ETFs have net inflows of less than $60 million.
ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.
