Ethereum
US Spot Ether ETFs Draw $197 Million in Weekly Inflows Led by BlackRock Fund
A strong Friday surge propelled spot Ether exchange-traded funds into net positive territory for the week despite outflows in Bitcoin funds.
United States spot Ether exchange-traded funds closed the four-day trading week with $196.9 million in net inflows, diverging from the net redemptions observed in spot Bitcoin products, according to figures from Farside Investors.
Ether funds experienced uneven activity early in the week, shedding $24.3 million on Tuesday, absorbing $34.7 million on Wednesday, and losing $29.9 million on Thursday. The weekly total turned sharply positive on Friday after the group attracted $216.4 million in net receipts.
BlackRock’s iShares Ethereum Trust ETF drove the Friday rebound with $148.8 million in net inflows, while the 21Shares Core Ethereum ETF contributed $29.1 million to the session total.
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