Ether ETFs Drew $107 Million in Net Inflows on Their First Day
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The new spot ether exchange-traded funds drew $107 million of net inflows on their first day of trading Tuesday, a sign of relatively strong demand, according to Bloomberg data. Measured by inflows, the top-performing fund was BlackRock’s iShares Ethereum Trust ETF, attracting $267 million. It was followed by the Bitwise Ethereum ETF, with $204 million in inflows, and the Fidelity Ethereum Fund, with $71.3 million.