Ether ETFs experienced significant inflows of $3.87 billion in August, highlighting a growing institutional interest in Ethereum. This surge in investment comes as Bitcoin ETFs faced outflows totaling $751 million during the same period. The contrasting trends suggest a shift in institutional preferences towards Ethereum-based investment products.
Ether ETFs Attract $3.87 Billion in August Amid Bitcoin ETF Outflows
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.