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Ether ETF flows turn positive for first time in 2 weeks, bolstered by BlackRock

Ether ETF flows turn positive for first time in 2 weeks, bolstered by BlackRock

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Source: Coin Telegraph

Some analysts are eying an Ether rally above $3,000, but traders may have to wait until October.

Inflows into Ether exchange-traded funds (ETFs) have turned positive for the first time in over two weeks.

The nine US spot Ether (ETH) ETFs recorded a cumulative $5.9 million worth of net positive inflows, marking the first green day since Aug. 14.

BlackRock’s ETF (ETHA) saw the largest daily inflow of $8.4 million, according to Farside Investors data.

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Author: Zoltan Vardai