
The Ethereum ETF market shows a strikingly strong growth this week. On Tuesday, no less than 125 million dollars in new capital was attracted, the highest day of day since 4 February. The figures point to increasing interest from institutional investors.
Etha takes the lead at Ethereum ETFs
Blackrock’s Etha was good for more than 80 million dollars in inflow on Tuesday. With that, it leaves other providers such as Fidelity’s Feth (26.3 million dollars) and Grayscale’s Mini Ethereum Fund ($ 8.4 million) far behind. In total, the day inflow amounted to 125 million dollars.
ETHA already collected $ 249 million this week, accounting for 89 percent of the total inflow into Spot Etereum ETFs. According to data from Farside Investors, there is four consecutive weeks of net inflow, and a continuous series of seventeen trading days with growth.
Institutional capital pushes Ethereum up
The total net inflow into Ethereum ETFs is now 3.5 billion dollars, which amounts to 3.21 percent of the full market capitalization of Ethereum. For institutional investors, preference seems to go more and more towards regulated investment products such as ETFs to obtain exposure to Ethereum.
BlackRock in particular knows how to benefit from this. The ETHA ETF of the asset manager is approaching a total value of $ 5 billion and is now considering the preference of many professional crypto investors.
Ethereum STACK points to long -term confidence
Parallel to the strong intake into ETFs, the activity around Ethereum Strike is also increasing. In the meantime, more than 34 million ETH has been fixed, which corresponds to 28 percent of the circulating offer. This development emphasizes the growing trust in Ethereum as a long -term investment and as a foundation for future technological applications.
Analysts, including lace -up dealer Peter Brandt, see the ongoing institutional interest as a possible harbinger of a price increase. Especially if American regulators will soon also approve strike within ETFs, that can give the market an extra boost.
Source: https://newsbit.nl/grootste-ethereum-etf-instroom-in-4-maanden-institutioneel-geld-stroomt-binnen/