Ether ETFs Have Bled Money, but That's Not the Whole Story

"The fact that over $2 billion has been purposefully allocated to the other spot ether ETFs is a good sign as it shows that investors want ether exposure."

"BlackRock's iShares Ethereum Trust (ETHA) just passed $1 billion of net inflows, making it the seventh-most-successful ETF launch this year."

"After all, investors have removed $465 million of assets in total from the nine funds that began trading in the U.S. a month ago."

"I think spot ether ETFs have clearly had a successful first month and I expect this to continue."

Read at Coindesk