After the terrible start, the US-based SPOT ETEREUM ETF (Exchange-Traded Funds) has been able to change its property for the last few weeks. This positive trend reflects changes in emotions among Etherrium investors since the beginning of the second quarter of this year.
Ether Leeum ETF recorded capital inflow for 15 consecutive days.
According to SOSOVALUE’s data, US Ether Leeum ETFS recorded a net inflow of $ 222.2 million on Friday, June 6, which was the second longest march since its launch in July 2024.
Blackrock’s Ishare Ethereum Trust (with Tileker Etha) recorded $ 15 million to close a week by explaining most of the inflows on Friday. Grayscale’s Ethereum Mini Trust (ETH) was the only US -based Etherum ETF fund that recorded all activities, and the total inflow is $ 937 million.
The one -day daily performance of $ 25.2 million showed the fourth capital inflow of Leom -based products, with a total net inflow of $ 222 million last week. In the previous trading state (from May 26 to May 30), Ethereum ETFS recorded a total of $ 285.84 million.
Source: SoSoValue
According to market data, US -based SPOT ETHEREUM ETF has registered $ 88.81 million in a total net inflow over these four weeks. Ultimately, this positive performance shows the changes in the way investors are currently looking at Ether Lee.
Undoubtedly, this positive change in investor feelings has been reflected in ETH’s price performance over the last few weeks. Altcoin has been newly witnessed in the last 30 days of interest and demand, which has increased more than 15%.
At the time of this article, Etherrium price is about $ 2,521, reflecting more than 1% in the last 24 hours. According to Coingecko’s data, Altcoin’s value has decreased by 0.8% over the last seven days.
The inflow rate of Bitcoin ETF is slow
The US Bitcoin ETF also had its own march on the majority of last month before the end of Friday, May 29. Encrypted financial instruments have been mixed with daily inflow and leaks since then.
According to SOSOVALUE’s data, Bitcoin Exchange trading funds recorded net leaks at $ 128.1 million last week. On Friday, the BTC ETFS withdrew a total of $ 47,82 million, closed with negative notes.
The price of ETH on the daily timeframe | Source: ETHUSDT chart on TradingView
Istock’s main image, TradingView chart
Editorial process Bitcoinist focuses on providing thorough research, accurate and prejudice content. We support the strict sourcing standard and each page is diligent in the top technology experts and the seasoned editor’s team. This process ensures the integrity, relevance and value of the reader’s content.