US spot Ethereum ETFs see $18.43M inflows, led by BlackRock and Fidelity, reversing recent outflows.
US spot Ethereum ETFs recorded $18.43 million in net inflows on July 10, led by BlackRock's iShares Ethereum Trust and Fidelity's Ethereum Fund, reversing the previous session's outflows. This rebound highlights ongoing but uneven institutional demand, with liquidity and trading volume concentrated in a few major funds. Combined assets under management for these ETFs stand at $9.588 billion, about 4.44% of Ethereum's market cap, indicating their growing influence on the market. The quick flow reversal suggests ETFs remain sensitive to short-term market moves and may amplify broader crypto sentiment shifts.
US spot Ethereum ETFs recorded $18.43 million in net inflows on July 10, led by BlackRock's iShares Ethereum Trust and Fidelity's Ethereum Fund, reversing the previous session's outflows. This rebound highlights ongoing but uneven institutional demand, with liquidity and trading volume concentrated in a few major funds. Combined assets under management for these ETFs stand at $9.588 billion, about 4.44% of Ethereum's market cap, indicating their growing influence on the market. The quick flow reversal suggests ETFs remain sensitive to short-term market moves and may amplify broader crypto sentiment shifts.
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