TLDR:
- DRW Venture Capital disclosed $150 million in Ethereum ETF holdings
- The second crypto-based ETF in the US has seen positive net inflows
DRW Venture Capital recently disclosed $150 million in Ethereum ETF holdings, according to a filing with the SEC. The second crypto-based ETF in the US has seen positive net inflows, with more than $4.9 million reported on Thursday. The launch of Ethereum ETFs has generated institutional interest, with BlackRock’s ETH ETF nearing $1 billion in net inflows. ETFs have reversed an ongoing outflow trend, with nine Ether ETFs recording net inflows after three days of negative flow data. The success of these products has been recognized, with the iShares Ethereum Trust set to become the first to reach $1 billion in the first three weeks.
