Crypto
Ethereum ETFs Surge Past Bitcoin Haul
Ethereum ETFs had their strongest day in 10 months on Thursday, taking in $225.8 million and extending a buying run that has now lasted nine consecutive sessions.
The last day of net outflows was August 11, with the current streak being driven mostly by BlackRock's ETHA fund, which has taken $1.02 billion over the nine sessions.
Fidelity's FETH is the second-largest taker, and had its best day of the run on Thursday at $56.2 million. BlackRock's staked Ethereum product, ETHB, added $20.7 million that same day.
The gap with Bitcoin has narrowed to almost nothing, as U.S. spot Bitcoin ETFs took $242.3 million on Thursday, just $16.5 million more than their Ethereum counterparts.