Ethereum spot ETF saw net inflows of $107 million on its first day
Despite being dragged down by a $485 million loss in the Grayscale Ethereum Trust Fund, the newly launched ETH spot fund still achieved positive net inflows.

Despite being dragged down by a $485 million loss in the Grayscale Ethereum Trust Fund, the newly launched ETH spot fund still achieved positive net inflows.
The launch of a U.S. spot Ethereum exchange-traded fund (ETF), which many expected to launch as early as July 2, has been delayed by the U.S. Securities and Exchange Commission (SEC).
For many large groups of non-crypto native capital, Ethereum has much lower buy-in as a key portfolio allocation.
In the next bull market, if interest rate cuts can occur, there is still hope that the price of Ethereum will reach $10,000.
Grayscale's Bitcoin ETF sees $32M inflows, breaking a 4-month outflow streak, signaling renewed investor confidence amidst industry challenges.
BlackRock's IBIT leads in attracting assets, gathering $15.3B in net inflows, surpassing competitors despite slowing demand. With strong brand, fees, and institutional appeal, IBIT poised to surpass GBTC in AUM, maintaining long-term leadership in digital asset management.
BlackRock's iShares Bitcoin ETF (IBIT) sets record with five days of consecutive inflows, surpassing Fidelity. Institutional confidence signals crypto's growing acceptance.
BlackRock's IBIT spot Bitcoin ETF exceeds $15 billion inflows since Jan 11, outpacing rivals. Despite slower daily inflows, it logs $192.1 million. With increased advertising, it leads in trading volume, nearing $20 billion AUM. Despite success, market fluctuations may affect future performance.
The Dencun hard fork has been completed on the Goerli, Sepolia and Holesky testnets, and the mainnet will be launched on Epoch 269568 (approximately March 13, 2024).
I believe that there is a high probability that the door will be opened for more institutions to enter the market, such as the Ethereum ETF, which is highly anticipated by the industry.