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Ethereum ETFs Break Records With $136M Inflow Over Five Days

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20 hours ago

The Ethereum ETF market is experiencing significant growth, buoyed by positive market dynamics following the U.S. elections.

Record Inflows Into Ethereum ETFs

On November 12, U.S. spot Ether ETFs saw a net inflow of nearly $136 million, raising total assets to $9.67 billion. Dominating the inflows was BlackRock's iShares Ethereum Trust ETF with $131 million, followed by Bitwise ETHW with $16.98 million.

Ethereum ETFs have now achieved net positive flows since their launch, overcoming significant outflows from Grayscale’s Ethereum Trust.Nate Geraci

Bitcoin ETFs See Gain

Spot Bitcoin ETFs recorded over $817 million in inflows, led by BlackRock’s IBIT with $778.3 million, contributing to a weekly total of $1.93 billion.

Impact on the Crypto Market

The substantial inflows into Ethereum and Bitcoin ETFs coincided with Bitcoin price increases after Donald Trump’s election win. Ether's price also rose by more than 20% over the past week, trading above $3,175.

Ethereum and Bitcoin ETFs show significant growth, strengthening the cryptocurrency market through strategic investments and capital increase.

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