Wall Street top-tier investment bank Bernstein released a research report yesterday, praising Ethereum blockchain's unique selling point as a decentralized computer, calling it a "technology worth loving". The report noted that Ethereum has demonstrated strong potential in applications such as stablecoins and tokenization, attracting institutional investors' attention, thereby significantly driving ETH ETF fund inflows.
Ethereum Spot ETF Saw $815 Million Inflow in Past 20 Days
Bernstein's report highlighted that ETH ETF fund inflows reached $815 million in the past 20 days, turning the year-to-date net inflow positive at $658 million. Bernstein emphasized that as institutional investors gradually recognize Ethereum network's value proposition, fund inflows into ETH ETF are accelerating. The analyst team led by Gautam Chhugani stated in the report:
Companies using stablecoin technology are paying transaction fees to the Ethereum blockchain. Interesting blockchain application cases like stablecoins and tokenization are Ethereum's native characteristics, with Ethereum enjoying the "largest market share" in these domains.
Discussions about Ethereum's value accumulation are at a critical turning point, which is already reflected in investors' strong interest in ETH ETF.
ETH Rises Above $2,700
In terms of price, ETH reached a high of $2,727 before 9 am today, rising over 9% in the past 24 hours. Since May, ETH has repeatedly failed to break through the current price level's key resistance. Whether it can break through this time is worth investors' close attention.
