Ethereum exchange-traded funds are experiencing positive inflows for the eleventh consecutive day.
Exchange-traded funds (ETFs) in Ether have continued their positive upward trend, recording inflows of $149.79 million on December 9, marking an extension of a positive streak of consecutive inflows for 11 days in a row.
The top performer was the ETHA fund from BlackRock, which attracted inflows of $155.37 million, while the FETH fund from Fidelity came in second, drawing $30.11 million. The Grayscale Ethereum Mini Trust contributed an additional $8.83 million.
Conversely, some funds faced outflows, with the ETHE fund from Grayscale recording negative outflows of $27.39 million, and the ETHW fund from Bitwise experiencing outflows of $12.99 million. The CETH fund from 21Shares registered negative outflows of $4.15 million. The remaining Ether ETFs maintained a neutral stability without registering any significant inflows.
These strong inflows reflect the growing interest of investors in the Ethereum market, with a desire to take advantage of available investment opportunities, which enhances confidence in the future of this digital currency in the global financial market.
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