BlackRock's Ethereum ETF Rapidly Rises to Top of Annual New ETF Rankings
Publication Time:2024-07-31 10:56:06
According to Nate Geraci, president of The ETF Store, who shared on social media, BlackRock's Ethereum spot ETF has successfully entered the top 15 in terms of inflows among all new ETFs launched this year just one week after its official launch. This achievement is particularly noteworthy given that approximately 330 new ETF products were launched in the market this year. Notably, the inflows into BlackRock's Ethereum ETF are even comparable to those of all current Bitcoin spot ETFs. This indicates an increasing interest from investors in Ethereum, highlighting the market's high recognition of Ethereum's potential as a blockchain technology and cryptocurrency application.
Inflows
BlackRock
Ethereum ETF
annual ranking
new ETF