Daily investments worth $534 million: Exchange-Traded Funds (ETFs) for spot trading of Ethereum (Ethereum-ETH) record the third-largest incoming investments since their launch.
Cryptonews - BlackRock's ETHA fund attracts investments worth $426.22 million, leading the spot trading funds for the currency.
Spot ETFs) and pushing its total assets to over $10 billion, equivalent to 2.24% of the circulating supply of Ethereum (Ethereum).
Ethereum Spot ETFs recorded a net investment inflow of $533.87 million on July 22, marking its third highest daily level since its launch, according to data from the SoSoValue platform, reflecting increasing institutional interest in Ethereum (Ethereum), as this blockchain continues to establish its position as a leading platform for the digital representation of real-world assets.
Thus, the total net incoming investments to these funds rose to $8.32 billion, while the daily trading volume on July 22 was about $1.97 billion. The total net assets in this sector approached $19.85 billion, equivalent to 4.44% of the total market capitalization of Ethereum (Ethereum).
