Ethereum ETF Pulls $221M as ETH Eyes Another Breakout

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U.S. spot Ethereum ETFs recorded more than $219 million in net inflows on August 20, extending their positive streak to four consecutive trading days. BlackRock dominated the session with its ETHA product attracting approximately $173 million, followed by ETHB at $35.9 million and Fidelity’s FETH at $5.8 million. ETH is currently trading around $2,360 with a market cap remaining above $270 billion. Notably, Ethereum ETFs had suffered over $1 billion in combined net outflows during May and June. Exchange-held ETH also dropped roughly 15% over 11 weeks, falling from 7.70 million coins to 6.54 million.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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