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December 28, 2024 1:06 PM
According to Trader T, BlackRock’s Ethereum Spot ETF (ETHA) has reached a significant milestone, accumulating a total net inflow of $3.524 billion since its debut. With holdings of over 1,071,435 ETH, the ETF reflects robust investor confidence in Ethereum as a long-term asset.
The success of ETHA underscores the growing adoption of cryptocurrency ETFs, particularly Ethereum, as institutional investors increasingly seek exposure to the digital asset market.
This development positions BlackRock as a leader in Ethereum-based investment products, contributing to Ethereum's expanding role in global financial markets.
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