Ethereum ETFs Bleed Money, But That’s Not the Whole Story

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By Maya Cantina

BlackRock’s iShares Ethereum Trust (ETHA) has just surpassed $1 billion in net inflows, becoming the seventh most successful ETF launch this year, according to Nate Geraci, president of the ETF Store. Fidelity’s Advantage Ether ETF and Bitwise Ethereum ETF have raised $390 million and $312 million, respectively, according to data from Farside Investors.

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