• 34ºc, Sunny

The Ethereum ETF has achieved positive weekly traffic growth for the first time since its launch

The US Spot Ethereum ETF recorded positive net inflows in its first week since its launch on July 23. According to ETF tracker SoSoValue, nine newly launched US Spot Ethereum ETFs had overall net inflows of $104.80 million in the week starting August 5. As of August 9, the total value of transactions was $1.90 billion, bringing the total net asset value to $7.30 billion.