Franklin Ethereum ETF Sees Significant Inflow Amid Market Fluctuations
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
The Franklin Ethereum ETF (EZET) experienced a substantial inflow of $33,308,850, representing 7.28% of its current assets under management (AUM) of $65,435,600. This influx marks a notable shift in investor sentiment towards the ETF.
Over the past five days, the ETF has seen a net flow increase of 8.61%, while the one-year net flow remains down by 10.51%, highlighting a recent positive trend despite longer-term challenges.
Related to this ETF, Ethereum (ETH-USD) is currently priced at $2,912.94, with a 5-day price increase of 3.81%. The 1-day technical signal for Ethereum is Sell, indicating potential short-term volatility.
Investors can explore more detailed analysis and sentiment trends on EZET and ETH-USD pages.