Ethereum ETF is back in a “money talks” phase.
According to Farside monitoring, yesterday the US spot Ethereum ETFs saw net inflows of $270 million, marking large net inflows for two consecutive trading days. Among them, BlackRock’s ETHA had inflows of about $110 million, while Fidelity’s FETH had inflows of about $72.96 million. Market interpretation is largely bullish for ETH.
On one side, ETF funds continue to return; on the other, institutional channels are repairing buying pressure in ETH. This kind of signal is usually more favorable for holding after a breakout. On the other hand, if subsequent net inflows weaken, chasing with leveraged positions also makes drawdowns easier to amplify. Which do you care more about: whether “consecutive net inflows can continue,” or whether “ETH can hold above $2,700”?
Figure 1: Ethereum ETF daily net inflow of $270 million · Source: partial screenshot from the page
Image source: https://www.theblockbeats.info/flash/368377
According to Farside monitoring, yesterday the US spot Ethereum ETFs saw net inflows of $270 million, marking large net inflows for two consecutive trading days. Among them, BlackRock’s ETHA had inflows of about $110 million, while Fidelity’s FETH had inflows of about $72.96 million. Market interpretation is largely bullish for ETH.
On one side, ETF funds continue to return; on the other, institutional channels are repairing buying pressure in ETH. This kind of signal is usually more favorable for holding after a breakout. On the other hand, if subsequent net inflows weaken, chasing with leveraged positions also makes drawdowns easier to amplify. Which do you care more about: whether “consecutive net inflows can continue,” or whether “ETH can hold above $2,700”?
Figure 1: Ethereum ETF daily net inflow of $270 million · Source: partial screenshot from the page
Image source: https://www.theblockbeats.info/flash/368377
