BlackRock’s ETHA Becomes First Ethereum ETF to Cross $1B in Net Inflows

BlackRock’s ETHA Becomes First Ethereum ETF to Cross $1B in Net Inflows

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Source: Coindesk.com

BlackRock's iShares Ethereum Trust (ETHA) has surpassed $1 billion in cumulative net inflows, making it the first among 11 issuers to reach this milestone. Ethereum ETFs as a whole have seen cumulative net outflows of over $440 million, underperforming compared to bitcoin ETFs, with BlackRock's bitcoin fund even ranking among the top five ETFs for 2024 inflows.

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The post "BlackRock’s ETHA Becomes First Ethereum ETF to Cross $1B in Net Inflows" appeared first here Coindesk.com.

Source: Coindesk.com

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