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BlackRock’s Ethereum ETF Draws $900M Quickly Bitcoinhaber 07 Aug 2024

BlackRock’s Ethereum ETF Draws $900M Quickly 🚀

Ethereum iShares Ethereum Trust (ETHA) ETF USA Blackrock
BlackRock, the world’s top asset management firm, launched its spot Ethereum ETF, iShares Ethereum Trust (ETHA), on July 23. The fund quickly attracted significant attention, drawing nearly $900 million in inflows over just 11 trading days. On August 6 alone, ETHA saw an impressive $109.9 million added to its total inflows. This rapid accumulation highlights growing investor interest and confidence in Ethereum as a financial asset, marking a successful start for BlackRock’s new offering. The quick inflows could signal increased mainstream adoption of cryptocurrency ETFs.

Source: en.bitcoinhaber.net ↗

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