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News Explorer — Ethereum ETFs in the U.S. Experience Net Inflow of $5.8 Million, Signaling a Potential Shift in Investor Sentiment

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Aug 29, 10:59 am
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Ethereum ETFs in the U.S. Experience Net Inflow of $5.8 Million, Signaling a Potential Shift in Investor Sentiment

Despite recent challenges faced by Bitcoin spot ETFs, Ethereum ETFs in the U.S. have shown resilience. Ethereum funds recorded a net inflow of $5.8 million, marking their first positive day after nine consecutive trading days of outflows. This indicates a potential shift in investor sentiment towards the second-largest cryptocurrency by market cap.

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