BlackRock Ethereum ETF (ETHA) has been dominating the spot ETF inflows while registering an 11-day inflow streak. So far in June, ETHA has already seen more than $280 million in inflows, with total flow approaching $5 billion since inception. Speculation is growing that this surge in ETHA inflows suggests that we could be getting closer to approval of staking for Ether ETFs.
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06/10 17:23
BlackRock Ethereum ETF Hits 11-Day Inflow Streak,
BlackRock Ethereum ETF Hits 11-Day Inflow Streak, Is ETH ETF Staking Approval In Sight?
BlackRock Ethereum ETF (ETHA) has already clocked $284 million inflow in first week of June, as analysts raise optimism for staking approval.
- BlackRock Ethereum ETF is close to the milestone of $5 billion inflows since inception.
- Its assets under management stand at $3.9 billion, with ETH holdings of 1.1513 million.
- ETHA shares have rebounded strongly from last week's selling pressure, rising from $18 to $20.38 in pre-market trading.
- Analysts speculate that BlackRock's recent inflows signal growing confidence in the potential approval of staking for Ether ETFs
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