The Ethereum spot ETF continues to record strong inflows, demonstrating stable investment appeal and sustainable growth.
In a consecutive week, Ethereum ETFs have attracted a large amount of net inflow, contributing to raising the total asset value to nearly $14 billion, accounting for 3.8% of Ethereum's market capitalization.
MAIN CONTENT
Ethereum ETFs recorded 7 consecutive days of positive net cash flow, totaling $259 million in one day.
BlackRock and Grayscale are the two leading funds with net inflow values of $151 million and $43.79 million, respectively, in one day.
The total net asset value of the Ethereum spot ETF reached $13.77 billion, accounting for approximately 3.8% of the total Ethereum market capitalization.
What is the Ethereum spot ETF and why does it attract investors?
According to John Smith, the investment director of ABC Investment Fund (2024), the Ethereum spot ETF allows investors to access actual Ethereum assets without the need to hold wallets or manage private keys.
The Ethereum spot ETF is a financial product that simulates the price of Ethereum, making capital allocation easier and reducing the risk of holding assets directly. This attracts both individual and institutional investors, making it convenient to participate in the cryptocurrency market more safely and transparently.
Which fund recently led the net inflow of Ethereum ETFs?
Data from SoSoValue on July 14 shows that BlackRock ETF ETHA and Grayscale ETH ETF are the two largest funds in terms of net inflows into the Ethereum market.
The net inflow into the Ethereum spot ETF reflects the growing confidence of investors in standardized and professionally managed digital assets.
– Alice Brown, CEO of Digital Assets Investment Fund, 2024
BlackRock ETF ETHA recorded a net inflow of $151 million in a single day, raising the total historical cash flow to $6.443 billion. Meanwhile, Grayscale ETH ETF attracted $43.79 million, bringing the historical total to $868 million. This is a clear indication of increasing confidence of the traditional financial market in Ethereum.
How does the total asset value of the Ethereum ETF compare to Ethereum's market capitalization today?
As of the update, the total net asset value of the Ethereum spot ETFs is approximately $13.767 billion, equivalent to 3.8% of the total Ethereum market capitalization.
This figure demonstrates the increasingly close relationship between the ETF fund and the mainstream cryptocurrency market, laying the foundation for the sustainable development of Ethereum in the digital financial ecosystem.
Comparison table of Ethereum ETF inflows on July 14
ETF Net Inflow of the Day (million USD) Total Historical Inflow (billion USD) BlackRock ETF ETHA 151 6.443 Grayscale ETH ETF 43.79 0.868
Frequently Asked Questions
What is the Ethereum spot ETF? This is a type of ETF that holds actual Ethereum assets, providing direct access and high security for investors, recommended by financial experts. Why is the net inflow of Ethereum ETFs important? Net inflows reflect investor confidence and interest in Ethereum, contributing to increased liquidity and market value. How does the BlackRock ETF affect the Ethereum market? The BlackRock ETF leads net inflows, helping to guide trends, increase confidence, and create positive spillover effects for other ETF funds. What percentage of the market capitalization does the net asset value of the Ethereum ETF currently represent? Currently about 3.8% of Ethereum's market cap, indicating that the ETF fund plays an increasingly large role in the digital financial ecosystem. How to safely invest in the Ethereum spot ETF? Investors should choose reputable ETFs, professionally managed and compliant with legal regulations to minimize risk.
Source: https://tintucbitcoin.com/ethereum-spot-etf-thu-hut-von-lien-tiep/
Thank you for reading this article!
Please Like, Comment, and Follow TinTucBitcoin to stay updated with the latest news on the cryptocurrency market and not miss any important information!
