TLDR Crypto · MARKETS & BUSINESS

SPOT ETH ETFS CLOCKS HIGHEST DAILY INFLOW DAY: ‘ALT ROTATION HAS BEGUN'

cointelegraph.com2 min read

Summary from the TLDR Crypto newsletter

US Spot Ethereum ETFs hit a record high in daily inflows of over $330 million, surpassing the previous Nov 11 high of $295.5 million. BlackRock's Ethereum Trust (ETHA) is responsible for the vast majority of inflows. It now has over $2 billion in total inflows since its launch on July 23. The Friday inflows were higher than BTC ETF flows for the first time, potentially indicating that Wall Street is joining the “alt rotation.”