BlackRock's spot Ether ETF recently experienced a significant inflow of $60.3 million, marking the highest in 94 days. This surge in investment corresponds with Ether's notable weekly gains, which are the largest since May 2024. The influx indicates increased investor confidence and interest in Ethereum through BlackRock's ETF.
The ETF's performance underscores the growing appeal of Ethereum-based investment vehicles, reflecting the broader trend of mainstream financial institutions engaging with cryptocurrencies. As Ether continues to perform well, BlackRock's spot Ether ETF might attract further attention and capital from investors seeking exposure to cryptocurrency markets.
Quelle: cointelegraph.com ↗