Ethereum’s native token, ether
Roasted almost 6% on Wednesday and surpassed Bitcoin, XRP and Solana’s sun as expected. Outperformance so record trading activity in Blackrock’s Spot-Ether-Børned Fund (ETF)Etha, listed on Nasdaq.
More than 43 million shares in Etha changed hands on Wednesday, the highest single-day figure since the fund’s debut a year ago, almost doubled from the previous day’s total 24 million, according to data source Yahoo Finance.
Daily quantities have risen for over a month, as shown in the 30-day average, which has risen to record 18.83 million from 12.97 million in early June, according to data source trading.
ETF has also seen a rapid influx of investor money and points to a bullish market mood for the second largest cryptocurrency by market value. ETF has collected over $ 1.20 billion in investor money since June, with the net flow totaling $ 159 million on Tuesday, the largest single-day figure since June 11, according to Data Source Sosovalue.
