Ether ETPs Post $296M in Best Week Since Trump Election

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Ether-based investment products led inflows among cryptocurrency-based investment products last week, despite an overall slowdown in investor activity as markets await clarity from the US Federal Reserve.

Ether (ETH) exchange-traded products (ETPs) received $296 million of inflows last week, marking their best week since the 2024 election of US President Donald Trump, according to a Monday report from CoinShares.

Ether-based investment products now make up over 10.5% of the total assets under management (AUM) of all crypto-based ETPs.

This marked the…



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Ether ETPs Post $296M in Best Week Since Trump Election


Ether-based investment products led inflows among cryptocurrency-based investment products last week, despite an overall slowdown in investor activity as markets await clarity from the US Federal Reserve.

Ether (ETH) exchange-traded products (ETPs) received $296 million of inflows last week, marking their best week since the 2024 election of US President Donald Trump, according to a Monday report from CoinShares.

Ether-based investment products now make up over 10.5% of the total assets under management (AUM) of all crypto-based ETPs.

This marked the…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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