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Spot Ether exchange-traded funds in the United States saw their highest inflows in six weeks as crypto markets gained in the wake of the US presidential election. The nine recently launched spot Ether ETH tickers down $2,822.35 ETFs saw a net aggregate inflow of $52.3 million on Nov. 6. While this is a fraction of the inflows for spot Bitcoin BTC tickers down $74,865 ETFs, it was the highest for the Ether funds since Sept. 27, according to Farside Investors. The bumper inflow day came despite the leading fund, BlackRock’s iShares Ethereum Trust, showing a net zero flow.
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What Is Bitcoin Mining? Bitcoin mining is kind of like solving a very tricky puzzle on a computer. People, called miners, use powerful computers to solve these puzzles. When they crack one, they get rewarded with Bitcoin.
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