Record net short positions on ether $ETH
Generously providing liquidity into the new all time highs ??? Source: zerohedge
Including staking rewards, ether $ETH has now outperformed bitcoin $BTC by 900bps YTD.
Source: Bloomberg, @matthew_sigel on X
Ether ETFs See Record $1 Billion Inflows
👉 Inflows into Ether ETFs far exceeded those of their Bitcoin counterparts, which saw a net inflow of $178 million on Monday, according to Farside Investors. 👉 CoinTelegraph's Tarang Khaitan reports that for the Ether funds, BlackRock's iShares Ethereum Trust ETF (ETHA) attracted the lion’s share of flows, with a record $640 million going into the fund. 👉 The Fidelity Ethereum Fund (FETH) was the runner-up and also recorded its largest single-day inflow, taking in $277 million. Source: zerohedge, Bloomberg
Despite the breakout, there is record amount of shorts on ether $ETH
Source: zerohedge
In-kind creation / redemption has been approved for both spot Bitcoin and spot Ethereum ETFs.
Source: James Seyffart
LOOK OUT: $ETHA iShares ethereum Trust ETF just hit $10b in one year flat, the 3rd fastest ETF to hit that mark in history after (you guessed it) two bitcoin ETFs $IBIT & $FBTC.
Amazingly it went from $5b to $10b in just 10 days. The ETF is Top 5 in flows for the last month and the week Source: Bloomberg, Eric Balchunas
Ether ETFs saw $534 million in inflows on Tuesday, the 4th largest on record.
BlackRock alone bought $426 million. That’s now 13 straight days of inflows, totaling over $4 BILLION. Investors including Wall Street are going ALL IN on cryptos. Source: Global Markets Investor
Cathie Wood and Ark Invest bought 4,421,034 shares of Tom Lee's new Ethereum Treasury Company $BMNR
Source: Evan
