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Ethereum ETF Records 4,363% Increase In November 2024!

DATE POSTED:December 5, 2024
Ethereum ETFs Hit Record-Breaking Weekly Volumes—Is $4K Within Reach for ETH?

The post Ethereum ETF Records 4,363% Increase In November 2024! appeared first on Coinpedia Fintech News

During November, which was considered to be the most bullish month ever, the nine Ethereum ETFs reportedly increased their holdings of ETH tokens to 362,474 worth ~$1.42 billion. Moreover, this marks a 4,363% increase compared to the previous month of October. Notably, during October, only 8,121 ETH tokens worth $31.8 million were added to the ETFs. with this rally, the largest altcoin by market cap witnessed a surge of 64% in its valuation. The Ethereum price is currently valued at $3,976 with a trading volume of $65.56 billion.