This week, the Ethereum spot ETF had a net inflow of $154.7 million and a net increase of 54,818.32 ETH
Deribit's Asia-Pacific business director, Lin Chen, posted on X that the weekly net inflow of ETH spot ETF was $154.7 million, with a net increase of 54,818.32 ETH. Analysis shows that after the election on Wednesday, the main buyers were BlackRock and Fidelity, who increased their holdings by 29,356.11 and 28,078.59 ETH respectively, while Grayscale ETHE remained unchanged. If Trump supports the pledge of ETH spot ETF after taking office, it is expected to provide strong support to the current ETH market.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitget donates HK$12 million to support fire rescue and reconstruction efforts in Tai Po, Hong Kong
Bitget Spot Margin Announcement on Suspension of ELX/USDT Margin Trading Services
Enjoy perks for new grid traders and receive dual rewards totaling 150 USDT
Bitget Spot Margin Announcement on Suspension of BEAM/USDT, ZEREBRO/USDT, AVAIL/USDT, HIPPO/USDT, ORBS/USDT Margin Trading Services
