Ether ETFs see record $1B inflows as ETH flashes bull signs
Spot Ether ETFs had their biggest net inflow day ever on Monday, outpacing their Bitcoin counterparts amid ETH’s recent rally.
Spot Ether exchange-traded funds (ETFs) recorded their biggest day of net inflows ever on Monday, with flows across all funds totalling $1.01 billion.
The development came as many key indicators had turned bullish and Ether (ETH) gained 45% in the past 30 days.
Inflows into Ether ETFs far exceeded those of their Bitcoin (BTC) counterparts, which saw a net inflow of $178 million on Monday, according to Farside Investors.