StakingBonus Highlights Booming Ethereum Activity as Spot ETF Inflows Hit Record $515 Million
New York,NY, Nov. 20, 2024 (GLOBE NEWSWIRE) — The crypto space is abuzz as the Ethereum Spot ETF had a record $515 million weekly net inflow, an all time high. This is a big thumbs up for Ethereum as an asset for institutions and retail investors alike and solidifies its place in the digital asset ecosystem.
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Ethereum’s All Time High
The $515 million inflow into the Ethereum Spot ETF is a sign of the growing faith in Ethereum as a store of value and investment vehicle. This is a big tick for the blockchain and its ecosystem including DeFi, NFTs, and smart contract development.
As institutions and individuals are piling into Ethereum, staking ETH is now a …