Spot Ethereum ETF Sees First Positive Weekly Fund Flow, Thanks to BlackRock

in #etf • last month

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Date: August 13

Source: BlockBeats, Arkham Data

Key Highlights:

  • Positive Growth: The spot Ethereum ETF recorded its first positive weekly fund flow.
  • Net Inflow: 31,500 ETH, equivalent to $75.07 million, flowed into the ETF last week.
  • Main Driver: BlackRock led this surge, purchasing $168.55 million worth of ETH.
  • Peak Inflow: On August 7, BlackRock's single-day on-chain inflow hit $108.02 million.

This milestone underscores BlackRock's significant role in driving the fund's growth.

#Ethereum #ETF #CryptoNews #BlackRock #ETH #Blockchain #CryptoInvesting #FinancialGrowth

#blockrock #eth #fund #cryptoinvesting #ethereum #cryptonews #blackrock
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