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BlackRock's Ethereum ETF Records $500M Inflow in First Trading Day
Gate News bot message, BlackRock's iShares Ethereum Trust (IETH) has attracted $500 million in inflows during its initial trading day, according to market data. The spot Ethereum ETF began trading on March 1st alongside several other ETH ETF products that received SEC approval. This marks a significant milestone in institutional crypto investment following the successful launch of spot Bitcoin ETFs in January.