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Ethereum Spot ETFs See $178 Million Net Inflows on December 9, Led by Fidelity’s FETH

Ethereum Spot ETFs See $178 Million Net Inflows on December 9, Led by Fidelity’s FETH

Ethereum spot ETFs experienced a notable recovery with $178 million in inflows on December 9, as Fidelity’s FETH saw the largest single-day contribution of $51.47 million.

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Summary

Ethereum spot ETFs saw $178 million in net inflows on December 9, 2024. Fidelity’s FETH led with $51.47 million, bringing its historical inflows to $2.674 billion, while Grayscale’s ETH ETF followed with $45.19 million, totaling $1.513 billion. This marked a significant rebound after earlier outflows.

Terms & Concepts
  • Ethereum Spot ETF: An exchange-traded fund that directly holds Ethereum, allowing investors exposure to the cryptocurrency's price without owning it outright.
  • Net Inflow: The total amount of capital deposited into a fund over a specific period, calculated as deposits minus withdrawals.