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ETF Ethereum surpasses 1 billion USD in net capital in a single day for the first time in history.
Spot Ethereum ETF funds in America recorded a net inflow exceeding 1 billion USD in a single day for the first time on Monday since their launch in July last year.
According to SoSoValue, 9 Ether ETF funds have attracted $1.02 billion, led by BlackRock's ETHA with $639.8 million, Fidelity's FETH with $277 million, a record high for the fund (, Grayscale Mini Ether Trust with $66.57 million, and ETHE with $13 million. Other funds from Bitwise, 21Shares, Franklin Templeton, and VanEck also recorded positive capital flows.
![])https://img-cdn.gateio.im/webp-social/moments-4ec55982ab999400eeccf7e4575937ae.webp(ETH ETF Growth Surpasses Expectations | Source: SoSoValue Since May, spot Ether ETF funds have attracted over 8 billion USD in net capital, bringing the total to 10.83 billion USD. Experts believe that the buying power comes from the support of a favorable legal environment and large inflows from traditional finance, reinforcing Ethereum's position as a key platform for DeFi and Web3.
Meanwhile, Bitcoin spot ETF funds have only attracted 178.15 million USD. The price of ETH has increased by 45% in the past month and is currently trading around 4,284 USD.