According to recent data published by Tree News on December 27th, the net inflow for the **US Ethereum spot ETF** reached an impressive **$1.177 billion** yesterday. This influx is significant for the **Ethereum** market, indicating increased investor confidence and growing institutional interest. A standout contributor to this figure was **Fidelity’s** Ethereum fund, **FETH**, which alone secured a net inflow of **$83 million**. The substantial investment from prominent firms highlights the ongoing trend of institutional adoption in the **cryptocurrency sector**, reinforcing Ethereum’s position as a leading blockchain asset. As the digital currency landscape evolves, such movements could signal a potential shift in market dynamics, making it essential for investors to stay informed about upcoming developments in crypto-infrastructure.
Source: https://en.coinotag.com/breakingnews/ethereum-spot-etf-sees-1-177-billion-net-inflow-with-fidelitys-feth-adding-83-million/
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