Ethereum ETF Inflows and Institutional Participation Surge
- Ethereum ETF inflows totaled $13.5 million on Tuesday.
- Grayscale’s mini-Ether ETF received the highest inflow at $7.4 million.
- VanEck’s ETHV and Franlink’s EZET saw inflows of $3.0 million and $3.1 million, respectively.
- Abraxas Capital purchased 242,652 ETH, valued at $561 million, in a week.
- Ethereum price increased by 9.5% to reach $2,700 within the last 24 hours.
The recent surge in Ethereum ETF inflows and institutional investments highlights growing interest in Ethereum, with Abraxas Capital acquiring over $500 million worth of ETH and the asset’s price climbing to $2,700.
Source (2.6)https://coingape.com/ethereum-etf-inflows-bounce-back-as-eth-eyes-3200-next/?rand=24432
