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December 1, 2024

Spot Ethereum ETFs Break Single-Day Record with $333 Million Inflow

Spot Ethereum exchange-traded funds (ETFs) are experiencing remarkable success. Recently, they achieved a record inflow of $333 million in just one day. This surge followed a strong week, marking a significant turnaround in investor sentiment towards Ethereum. Many investors shifted their attention back to crypto products, which had seen considerable outflows in previous weeks. The return of interest in spot Ethereum ETFs showcases a revitalized market and highlights the growing confidence among US investors. This is a trend to watch as it unfolds.

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