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Ethereum ETFs’ Daily Inflows Reach $295M

Ethereum ETFs’ Daily Inflows Reach $295M

On November 11, the exchange-traded funds (ETFs) for Ether in the United States saw their largest ever day of inflows, as the crypto market continued to surge following Trump’s election victory.

These ETFs, which were launched in July, received inflows of $294.9 million, surpassing their previous inflow record of $106.6 million on their launch day.

The Fidelity Ethereum Fund (FETH) saw the highest inflows of $115.5 million, setting a new record for the fund, followed by the BlackRock-issued iShares Ethereum Trust ETF (ETHA) with $100.5 million.

These figures were reported by Farside Investors and based on preliminary data from crypto news aggregator Tree News. The Grayscale Ethereum Mini Trust ETF (ETH) came in third place with $63.3 million in inflows, while the Bitwise Ethereum ETF (ETHW) received $15.6 million.