Ethereum ($ETH) ETF, 3rd consecutive week of fund inflow… Accumulated 1.3 trillion won on the horizon

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TokenPost
14 hours ago
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The spot Ethereum (ETH) ETF released in the United States has been attracting investor attention by recording inflows for 3 consecutive weeks. If the current trend continues into next week, the inflow march alone could exceed a cumulative net inflow of approximately 1.39 trillion won.

According to Farside, 25.3 million dollars (approximately 35.1 billion won) were added to the spot Ethereum ETF on June 6th. This has set a record of 15 consecutive trading days of net inflows, maintaining a strong upward trend.

This inflow march began on May 16th, with a cumulative inflow of 837.5 million dollars (approximately 1.1643 trillion won) by the 6th. This represents about 25% of the total net inflow of 3.32 billion dollars (approximately 4.6148 trillion won) since the Ethereum ETF was launched last July. If the current trend continues, an additional 162.5 million dollars (approximately 225.9 billion won) next week would surpass the total net inflow of 1 billion dollars (approximately 1.39 trillion won).

In contrast, the spot Bitcoin (BTC) ETF has not maintained a positive atmosphere. After a large-scale net outflow of 346.8 million dollars (approximately 481.6 billion won) on May 29th, the capital flow has been showing volatility with repeated ups and downs.

Ethereum's price is also showing strength along with ETF inflows. According to CoinMarketCap, Ethereum was trading at 2,490 dollars (approximately 3.46 million won) at the time of reporting, having surged 31.23% over the past 30 days. Both the ETF market and spot prices are demonstrating an 'Ethereum bull market'.

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#Ethereum#ETF#SpotETF#CryptocurrencyCapitalFlow

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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