BlackRock’s ETH ETF sees $363M inflow in biggest day of gains this month

BlackRock’s Ethereum ETF gained 80,768 ETH worth $363 million on September 15, marking its biggest one-day inflow in a month and showing a strong rebound after a week of heavy ￰0￱ shows BlackRock’s Ethereum ETF (ETHA) saw record inflows that raised its daily trading volume to $1.5 ￰1￱ was a sharp comeback from last week’s heavy outflows that shook crypto markets. BlackRock’s ETH fund records its strongest inflow in September BlackRock’s Ethereum ETF lost about $787 million between September 5 and September 12 as money moved out of the ￰2￱ said these numbers showed investors were losing interest in Ethereum and moving back to Bitcoin. However, the sharp turnaround with $363 million in fresh inflows shows that a temporary response to market pressure may be responsible for the earlier withdrawals.

BlackRock’s ETHA led Ethereum ETFs yesterday.). When a firm the size of BlackRock makes moves that involve hundreds of millions of dollars in a single day, it affects the entire market and could represent a turning point that could help call back the momentum in Ethereum ￰3￱ price falls despite ETF growth Ethereum’s price dropped by 2.5% so the high inflows did not have much ￰4￱ MACD histogram showed neither buyers nor sellers have control, and the balance could shift quickly depending on whether Ethereum holds key support ￰5￱ warn that Ethereum’s prices could drop further if the token falls below $4,400, as traders would sell fast to avoid losses.

Ethereum’s ecosystem currently has a stablecoin supply of $166 billion as investors, developers, and users still build on and rely on Ethereum for financial ￰6￱ $50 free to trade crypto when you sign up to Bybit now