Ethereum spot ETF had a total net inflow of US$231 million yesterday, continuing its net inflow for 15 consecutive days
PANews reported on July 25 that according to SoSoValue data, yesterday (July 24, Eastern Time), the total net inflow of Ethereum spot ETFs was US$231 million.
The Ethereum spot ETF with the largest net inflow yesterday was Fidelity ETF FETH, with a net inflow of US$210 million. The total net inflow of FETH in history has reached US$2.33 billion.
The second largest was Grayscale Ethereum Mini Trust ETF ETH, with a net inflow of US$25.3375 million in a single day. The total net inflow of ETH in history has reached US$1.178 billion.
The Ethereum spot ETF with the largest daily net outflow yesterday was Grayscale Ethereum Trust ETF ETHE, with a daily net outflow of $18.5392 million. Currently, ETHE's total historical net outflow has reached $4.267 billion.
As of press time, the total net asset value of the Ethereum spot ETF is $20.704 billion, and the ETF net asset ratio (market value to Ethereum's total market value) is 4.59%, and the historical cumulative net inflow has reached $8.882 billion.
You May Also Like
XRP Enters ‘Washout Zone,’ Then Targets $30, Crypto Analyst Says
Republicans are 'very concerned about Texas' turning blue: GOP senator
Wormhole token soars following tokenomics overhaul, W reserve launch
Wormhole’s native token has had a tough time since launch, debuting at $1.66 before dropping significantly despite the general crypto market’s bull cycle. Wormhole, an interoperability protocol facilitating asset transfers between blockchains, announced updated tokenomics to its native Wormhole (W) token, including a token reserve and more yield for stakers. The changes could affect the protocol’s governance, as staked Wormhole tokens allocate voting power to delegates.According to a Wednesday announcement, three main changes are coming to the Wormhole token: a W reserve funded with protocol fees and revenue, a 4% base yield for staking with higher rewards for active ecosystem participants, and a change from bulk unlocks to biweekly unlocks.“The goal of Wormhole Contributors is to significantly expand the asset transfer and messaging volume that Wormhole facilitates over the next 1-2 years,” the protocol said. According to Wormhole, more tokens will be locked as adoption takes place and revenue filters back to the company.Read more