Ethereum spot ETFs surpassed Bitcoin ETFs for the first time in history
The post Ethereum spot ETFs surpassed Bitcoin ETFs for the first time in history appeared on BitcoinEthereumNews.com. Ethereum exchange-traded funds (ETF) have recorded historic daily inflows of $602.02 million. The top altcoin has overtaken Bitcoin ETFs daily inflows for the first time ever. Data from SosoValue showed that ETH ETFs received inflows of $602.02 million on July 17, which is a 15% increase compared to BTC ETF inflows of $522.60 million on the same day. The smart contracts platform received $79 million more than Bitcoin. Combined, Bitcoin ETFs and Ether ETFs received a total of $1.1 billion, standing out as the winner for the day. BlackRock dominates Ether ETFs inflows BlackRock’s Ether ETF, ETHA, received a massive $546.70 million in inflows—accounting for over 90% of the daily total Ethereum ETF inflows. Grayscale followed in second place with $29.90 million in inflows into its Ether Mini Trust, ETHE. Fidelity’s FETH came third, recording $17.19 million in Ether ETF inflows. Bitwise’s ETHW and 21Shares’ CETH recorded inflows of $4.44 million and $3.78 million, respectively. Ethereum ETFs from VanEck, Franklin Templeton, and Invesco saw no inflows on July 17. SosoValu data showed that spot Ether ETFs recorded a total trading value of $2.29 billion boosting the total net asset value to $17.32 billion. Total Ethereum Spot ETF History Data. Source: SoSoValue. Bitcoin ETFs saw major inflows from BlackRock. The company’s IBIT had the biggest inflows of $497.30 million—accounting for over 95% of the daily total Bitcoin ETF inflows. Fidelity’s FBTC had inflows of $7.83 million, while Invesco’s BTCO followed next with $7.12 million. Grayscale’s Bitcoin Mini Trust saw inflows of $5.27 million, and Vaneck’s HODL received $5.08 million. The remaining BTC ETFs from Grayscale, Ark and 21Shares, Bitwise, Valkyrie, Franklin Templeton, WisdomTree, and Hashdex saw zero inflows and outflows. The total recorded trading value of spot BTC ETFs is standing at $3.76 billion, pushing the funds’ net asset value to…
The post Ethereum spot ETFs surpassed Bitcoin ETFs for the first time in history appeared on BitcoinEthereumNews.com.
Ethereum exchange-traded funds (ETF) have recorded historic daily inflows of $602.02 million. The top altcoin has overtaken Bitcoin ETFs daily inflows for the first time ever. Data from SosoValue showed that ETH ETFs received inflows of $602.02 million on July 17, which is a 15% increase compared to BTC ETF inflows of $522.60 million on the same day. The smart contracts platform received $79 million more than Bitcoin. Combined, Bitcoin ETFs and Ether ETFs received a total of $1.1 billion, standing out as the winner for the day. BlackRock dominates Ether ETFs inflows BlackRock’s Ether ETF, ETHA, received a massive $546.70 million in inflows—accounting for over 90% of the daily total Ethereum ETF inflows. Grayscale followed in second place with $29.90 million in inflows into its Ether Mini Trust, ETHE. Fidelity’s FETH came third, recording $17.19 million in Ether ETF inflows. Bitwise’s ETHW and 21Shares’ CETH recorded inflows of $4.44 million and $3.78 million, respectively. Ethereum ETFs from VanEck, Franklin Templeton, and Invesco saw no inflows on July 17. SosoValu data showed that spot Ether ETFs recorded a total trading value of $2.29 billion boosting the total net asset value to $17.32 billion. Total Ethereum Spot ETF History Data. Source: SoSoValue. Bitcoin ETFs saw major inflows from BlackRock. The company’s IBIT had the biggest inflows of $497.30 million—accounting for over 95% of the daily total Bitcoin ETF inflows. Fidelity’s FBTC had inflows of $7.83 million, while Invesco’s BTCO followed next with $7.12 million. Grayscale’s Bitcoin Mini Trust saw inflows of $5.27 million, and Vaneck’s HODL received $5.08 million. The remaining BTC ETFs from Grayscale, Ark and 21Shares, Bitwise, Valkyrie, Franklin Templeton, WisdomTree, and Hashdex saw zero inflows and outflows. The total recorded trading value of spot BTC ETFs is standing at $3.76 billion, pushing the funds’ net asset value to…
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