MONY

2026-07-06 06:52:13

JPMorgan Doubles Down on Ethereum as BlackRock Sees $102M Daily Outflow

Ethereum is trading near $2,300 as JPMorgan files a second tokenized Treasury fund on Ethereum, while spot ETH ETFs post a $130.62 million daily net outflow led by BlackRock. The contrast highlights strong institutional infrastructure growth but weaker short-term fund flows.

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JPMorgan Doubles Down on Ethereum as BlackRock Sees $102M Daily Outflow
2026-07-06 06:51:12

JPMorgan Expands on Ethereum as BlackRock ETF Sees $102M One-Day Outflow

Ethereum hovered near $2,300 as JPMorgan filed a second tokenized Treasury fund on Ethereum, while spot Ether ETFs posted a $130.62 million daily net outflow led by BlackRock. The market now faces a tug-of-war between institutional infrastructure growth and short-term capital pressure.

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JPMorgan Expands on Ethereum as BlackRock ETF Sees $102M One-Day Outflow