From Outflows to Overflowing: Ethereum ETFs Quietly Amass $21.8B in a Year
In recent weeks, the nine U.S. ethereum-based exchange-traded funds (ETFs) have been loading up on ether, grabbing hefty portions of the …
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Ethereum ETFs celebrate the strongest month of their history – with record inflows and growing institutional tailwinds. Source: BTC-ECHO BTC-ECHO
Ethereum ETFs Hit $21.8B in First Year of Trading
The rise of Ethereum ETFs marks a significant milestone in crypto’s march toward mainstream financial acceptance. A year after their Wall Street debut on July 23, 2024, nine U.S.-based Ethereum exchange-traded funds now collectively hold over 5.73 million ETH—equivalent to approximately $21.8 billion. This growth reflects a sharp reversal from their early rocky start, when funds like Grayscale Ethereum Trust (OTC:ETHE) saw major outflows. Today,…
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