As the crypto market bounces from the latest shakeout, Ethereum (ETH) and investment products based on the King of Altcoins recorded a remarkable single-day performance, potentially setting the stage for further recovery. Related Reading: Bitcoin Surge To $74,000 Fueled By US Institutions, Coinbase Premium Signals Ethereum ETFs Recover Amid Market Bounce Ethereum-based spot Exchange-Traded Funds (ETFs) recovered from Tuesday’s weak performance and recorded their best single-day in nearly two months, with $169 million in inflows on Wednesday. According to SoSoValue data, the category saw the highest netflow since January 14, when it drew in $175 million. Notably, the mid-January crypto market correction triggered massive outflows for investment products, with funds based on the two largest crypto assets, Bitcoin (BTC) and ETH, showing the weakest performance
source: https://www.newsbtc.com/news/ethereum-etfs-best-performance-since-january/