Ether ETFs Experience Record Inflow Amidst ETH Rally During 'Crypto Week'

Reported 2 days ago

U.S.-listed ether ETFs saw their largest weekly inflow of $2.18 billion as ETH surged more than 20% due to positive momentum from newly enacted crypto legislation. July 16 marked a record daily inflow of $726.74 million. The growth is reflective of increasing institutional interest as ether futures open interest also hit a new high.

Source: YAHOO

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