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Ethereum ETF Records 4,363% Increase In November 2024! Coinpedia 05 dec. 2024

Ethereum ETF Records 4,363% Increase In November 2024! 📈

In November 2024, Ethereum ETFs witnessed an unprecedented surge, growing their ETH token holdings by 4,363%. This increase marks the most bullish month on record for Ethereum ETFs. The total holdings reached 362,474 ETH, translating to a valuation of approximately $1.42 billion.

This rapid growth represents a substantial leap from the previous month of October, where ETF holdings consisted of just 8,121 ETH tokens valued at around $31.8 million. The remarkable increase highlights a significant shift in investor sentiment toward Ethereum as a key cryptocurrency asset.

Bron: coinpedia.org ↗