BlockBeats news, on June 8, reported by TheBlock, that Ethereum ETF has seen a continuous net inflow of funds for 15 days, setting the longest net inflow period since November 2024. The cumulative net inflow has reached $3.33 billion, an increase of $820 million since the onset of this round of inflows on May 16. BlackRock's ETHA increased its holdings by nearly $600 million during this period, with Grayscale's ETHE and ETH leading with a total scale of $4.09 billion. Ethereum's price has risen by 40% in the past month, but JPMorgan analysts believe, "The data shows that the current on-chain user activity of Ethereum has not yet broken through the levels prior to the Pectra upgrade, and the favorable information brought by the Pectra upgrade has not yet fully converted." Bloomberg ETF analyst Eric Balchunas stated, "When institutional funds form a sustained inflow trend, they often offset the impact of short-term market sentiment fluctuations."
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Ethereum ETF has seen a continuous net inflow of funds for 15 days, with the cumulative scale reaching a historic high.
BlockBeats news, on June 8, reported by TheBlock, that Ethereum ETF has seen a continuous net inflow of funds for 15 days, setting the longest net inflow period since November 2024. The cumulative net inflow has reached $3.33 billion, an increase of $820 million since the onset of this round of inflows on May 16. BlackRock's ETHA increased its holdings by nearly $600 million during this period, with Grayscale's ETHE and ETH leading with a total scale of $4.09 billion. Ethereum's price has risen by 40% in the past month, but JPMorgan analysts believe, "The data shows that the current on-chain user activity of Ethereum has not yet broken through the levels prior to the Pectra upgrade, and the favorable information brought by the Pectra upgrade has not yet fully converted." Bloomberg ETF analyst Eric Balchunas stated, "When institutional funds form a sustained inflow trend, they often offset the impact of short-term market sentiment fluctuations."