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Ethereum Foundation continues shedding holdings amid ETH ETFs recording net inflows after four-day outflow
Ethereum is down 0.2% on Wednesday following inflows across ETH ETFs and the Ethereum Foundation's continuation of its ETH sale. BlackRock's iShares Ethereum ETF (ETHA) charged ETH ETFs to witness their first day of net inflow since the positive flows on launch day after recording $118 million in inflows, offsetting outflows from Grayscale's Ethereum Trust (ETHE), according to Farside Investors data. As a result, ETHA broke into the top 15 based on inflows among 330 ETFs launched in 2024, noted Nate Geraci, President of the ETF Store, in an X post on Tuesday. The move pushed the nine spot Ethereum ETFs to a net ... (full story)
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- Posted: Jul 31, 2024 8:52pm
- Submitted by:Category: Technical AnalysisComments: 0 / Views: 244
