The Blackrock Ishares Ethereum (ETH) Trust ETF garnered $1.24 billion in weekly inflows, ranking 2nd among 4,400 ETFs. Vanguard’s S&P 500 was the only one to surpass this. The surge in ETH ETF inflows signals institutional interest in Ethereum. Bloomberg reported that ETFs holding Ethereum accumulated nearly $10 billion since July, showcasing strong momentum. Capital is shifting from Bitcoin to Ethereum, reflecting evolving institutional preferences and diversification within the cryptocurrency market. Retail participation is also rising alongside institutional interest, with Ethereum’s monthly trading volume hitting a record high. Institutional adoption of Ethereum Enterprise is increasing, evidenced by significant growth in ETH treasury holdings and business reserves. This institutional recognition positions Ethereum as a valuable asset within investment portfolios, competing with traditional ETFs and bond products for investor capital. [Source: cryptoslate.com/blackrock-ethereum-etf-captures-second-highest-weekly-inflows-among-over-4400-etfs/]
https://altcoin.observer/blackrock-etf-etf-captures-the-highest-weekly-inputs-among-more-than-4400-etf/
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