US Spot Ether ETFs Record Biggest Inflows in History Amid Crypto Market Rally After Trump's Election Victory

11/12 05:59

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US spot Ether exchange-traded funds (ETFs) experienced their highest ever day of inflows, with $294.9 million recorded on November 11th. The Fidelity Ethereum Fund (FETH) led the way with $115.5 million in inflows, followed by the iShares Ethereum Trust ETF (ETHA) with $100.5 million. The Grayscale Ethereum Mini Trust ETF (ETH) came in third with $63.3 million in inflows, while the Bitwise Ethereum ETF (ETHW) recorded $15.6 million. Ether (ETH) rose 8.4% to a 14-week high of $3,384 on the same day, but is still playing catch up with Bitcoin (BTC) and other competitors.

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