ETH’s Inflows Hit $33.5M With SEC’s Approval of Spot Ethereum ETF

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ETH’s Inflows Hit $33.5M With SEC’s Approval of Spot Ethereum ETF
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Ethereum is seeing a turnaround in sentiment owing to the SEC approval of a spot Ether ETF that is set to go live sometime next month.

However, trading volumes decreased during the week, dropping from $13 billion in the previous week to $8 billion, as per the latestMeanwhile, Bitcoin witnessed inflows amounting to $148 million, while short-BTC encountered another week of outflows totaling $3.5 million, indicating continued positive sentiment among ETF investors., other investment products based on altcoins also saw comparable inflows for the week. Solana led with $5.8 million in inflows, trailed by Chainlink with $1 million.

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