According to data from Farside Investors, Fidelity Investments has emerged as the leader in the Ethereum ETF sector. Fidelity's Ethereum ETF (FETH) recorded a total inflow of $5 million, taking a clear lead over its closest competitor, BlackRock iShares Ethereum Trust (ETHA). Other asset managers, including Bitwise, 21Shares, VanEck, Invesco, Grayscale Mini Trust, and Franklin Templeton, saw zero inflows for three consecutive days. Grayscale, however, experienced significant outflows of $8.4 million, potentially due to its high transaction fees. Fidelity's consistent performance has attracted attention from market watchers, despite Ethereum's recent price increase.
- Content Editor ( u.today )
- 2024-10-29
Fidelity Outshines BlackRock in Ethereum ETF Inflow