Ethereum ETF launch propels crypto fund inflows to record $20.5 billion

Spot Ethereum exchange-traded funds (ETFs) started trading in the US market last week, attracting $2.2 billion in inflows, but faced selling pressure from incumbent products. As reported by asset management firm CoinShares, the newly issued ETFs saw some of the largest inflows since December 2020, while trading volumes in ETH ETP rose by 542%.However, Grayscale's incumbent trust experienced... source: https://cryptobriefing.com/ethereum-etf-inflows-mixed-market/