After the success of the spot Bitcoin ETF, the spot Ethereum ETF is emerging with even larger ambitions. With the approval of the ETH ETF earlier in May and trading activities commencing in July, a specific exchange-traded fund provider has outperformed others by achieving a significant milestone.
ETHA Ethereum ETF, launched by Blackrock, has crossed the $1 billion mark in net flows. This accomplishment highlights the growing investor interest in Ethereum-based financial products and underscores the strong performance of the fund since its inception.
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