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Heavy Inflows into Ethereum ETFs Continue! Positive Streak Reaches 19 Days! Here are the Details
Ethereum spot exchange traded funds (ETFs) recorded a strong momentum on June 12, registering a total net inflow of 112 million dollars and experiencing positive flows for 19 consecutive days.
Ethereum Spot ETFs recorded an inflow of 112 million dollars on June 12 and outperformed Bitcoin for 19 consecutive days.
On the same day, Bitcoin spot ETFs recorded a net inflow of $86.31 million and extended their series for four consecutive days.
The latest figures show that investors' interest in Ethereum-based products continues, consistently outpacing Bitcoin ETFs in net inflows in recent weeks.
Analysts indicate that the driving forces behind this trend are the increasing optimism towards Ethereum's role in decentralized finance (DeFi), positive regulatory signals, and expectations for future network upgrades.
Strong entries also reflect that institutional interest in cryptocurrencies is reviving more broadly, with both BTC and ETH ETFs continuing to attract capital in relatively stable market conditions.
Following today's Israel-Iran tension, how the Bitcoin and Ethereum ETF markets will be affected is eagerly awaited.
*This is not investment advice.
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