On November 24, the Ethereum ETF recorded a massive inflow of $96.6 million, with BlackRock contributing $92.6 million. On November 25, another $78.6 million flowed in, with Fidelity's FETH attracting $47.5 million and BlackRock's ETHA increasing by $46.2 million. Despite the inflows, the price of Ethereum remained under pressure at $2,913.41, down more than 30% from July 2024 levels, and technical indicators also showed short-term bearish signals. Meanwhile, VanEck submitted an application for a spot ETF (VBNB) tracking Binance's BNB, with BNB trading at $857.52 amid a generally weak market.
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On November 24, the Ethereum ETF recorded a massive inflow of $96.6 million, with BlackRock contributing $92.6 million. On November 25, another $78.6 million flowed in, with Fidelity's FETH attracting $47.5 million and BlackRock's ETHA increasing by $46.2 million. Despite the inflows, the price of Ethereum remained under pressure at $2,913.41, down more than 30% from July 2024 levels, and technical indicators also showed short-term bearish signals. Meanwhile, VanEck submitted an application for a spot ETF (VBNB) tracking Binance's BNB, with BNB trading at $857.52 amid a generally weak market.