Inflows into Spot Ethereum ETFs Hit a Record

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The recent surge in the popularity and interest in Ethereum ETFs has led to record-breaking daily inflows on Monday. In addition, the price of ETH has also surged, reaching a high of $3,370. This brings the total weekly gains to almost 38%.

On November 11, the spot Ethereum ETF received a record total of $295 million in inflows, setting a new record for daily inflows.

Fidelity’s FETH had the highest inflow at $115.5 million, followed by BlackRock’s ETHA with $100 million and Grayscale’s ETH mini-ETF with $63.3 million, according to data from Farside Investors.

Since Donald Trump’s recent victory, the inflows for Ethereum ETFs have increased every day. In the last four days alone, the inflows for the Ether ETF have surpassed $500 million, with contributions from BlackRock and Fidelity.

This indicates a shift in the market, with Ethereum ETFs gaining traction and catching up to the inflows seen for Bitcoin ETFs in recent weeks. On Monday, the inflows for the spot Bitcoin ETF exceeded $1 billion, led by BlackRock’s IBIT.