Ethereum Etfs 907 million dollars to register a new weekly record star-news.press/wp

Ethereum ethereum etfs has recorded another bullish week, attracted more than $ 900 million in flows and extending the winning chain to nine consecutive weeks. This development comes amid a general encryption rate in which ETHEREUM (ETHEUM) raised to more than $ 2,800.

Ethereum Etfs achieved the top of the weekly Netflows

Last week, Ethereum recorded a remarkable weekly profit by 16.22 %. During this period, data from the ETF tracking site Socal The registered pure deposits of Ethereum ETFS appear at a value of $ 907.99 million, which represents its largest weekly flows since its launch in July 2024. Before this development, it reached the highest of $ 854.85 registered in the second week of December 2024 amid the famous Crypto.

Among the weekly ATH flows, Etha attracted 675 million dollars, reflecting the unparalleled market dominance of its counterpart in Bitcoin. Etha now includes 6.14 billion dollars of management assets, which represents 45.38 % of the total net assets of the investment funds circulated in ETHEREUM.

Meanwhile, Fetlity’s Feth and Grayscale’s Duo – ETH and ETH registered, with a large net deposit worth $ 87.04 million, $ 73.53 million, and $ 36.64 million, respectively. On the other hand, both ethw’s ethw, VNECK’s Ethv, 21 arrows, and Franklin Timbalton, all of which are modest flows ranging from $ 5 million – 16 million dollars.

However, Qeth of Invesco saw another week of negative Netflows as this particularly still suffers from an epilepsy performance. After this week, the cumulative flows of Spot Ethereum ETFS are $ 5.13 billion, despite the individual flows of 6.47 billion dollars due to the large $ 4.26 billion withdrawals from Etha Ramadia.

In addition, the total net assets of these investment funds are now 13.53 billion dollars, which represents an increase of 24.93 % over the previous week. Interestingly, these numbers indicate that Spot Ethereum ETFS now represents 3.77 % of the maximum ETHEREUM market. Meanwhile, Ethereum continues to trade at $ 2964 after a decrease of 0.11 % last day.

Altcoins Etf racing is ongoing

In other news, it is likely that the other prominent Lauluins, regardless of Ethereum in the ETF SOT market in the United States. It is worth noting that the asset managers have submitted a set of ALTCOIN’s ETF requests to the American Securities and Stock Exchange Committee (SEC), who are looking to repeat the success of Ethereum and Bitcoin Etf, in attracting a heavy institutional interest of the encryption market.

Currently, there are more than 70 files of ETF encryption files that are looking to give investors access to Solana, Dogoin, XRP, Cardano and Litecoin, among other encrypted currencies. SEC is likely to continue to release a delay in its responses until the final deadline, most of which come in October.

Distinctive photo of Pexels, tradingView graph

Editing process For Bitcoinist, it is focused on providing accurate, accurate and non -biased content. We support strict resource standards, and each page is subject to a diligent review by our team of senior technology experts and experienced editors. This process guarantees the integrity of our content, importance and value of our readers.