Ether ETFs See More Than $590 Million in Inflows on First Day, Equaling 83% of Bitcoin ETF Inflows
Publication Time:2024-07-24 19:56:08
According to data disclosed by Bloomberg's senior ETF analyst Eric Balchunas on the X platform, the eight Ether ETFs recorded inflows of approximately $590 million on their first day, surpassing market expectations. In contrast, the nine Bitcoin ETFs had net inflows of around $720 million on their first day. This indicates that the inflows into Ether ETFs on their first day were equivalent to 83% of those into Bitcoin ETFs, reflecting strong investor interest and confidence in the Ether market.
Ether ETF
Bitcoin ETF
First Day Inflows