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US spot Ether ETFs see 2nd-biggest inflows on record as ETH nears new high

Spot Ether ETFs printed the second-largest daily inflows on record at $729 million on Wednesday, following the record $1.02 billion that poured into ETH funds on Monday.

US spot Ether exchange-traded funds (ETFs) printed the second-largest daily inflows on record amid the cryptocurrency approaching all-time high prices yesterday.

Ether (ETH) funds saw $729 million of inflows on Wednesday as ETH surged past $4,700 for the first time since November 2021, according to data from SoSoValue.

The surge was the second-largest daily inflow into spot Ether ETFs, following the record $1.02 billion poured into ETH funds on Monday.

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Source: Cointelegraph →