$ETH
ETH institutional funds are being snatched up! This week, the ETF net inflow is over 200 million, bullish signals are off the charts! 🚀
The crypto world is buzzing with significant good news! This wave of ETH is really going to take off‼️
According to the latest monitoring by Farside Investors, this week, the US spot Ethereum ETF has attracted a net inflow of $209.1 million 💰 This is not just retail investors making small moves; institutions are voting with real money, and there are big actions behind this!
It is important to know that the current ETH is fully buffed: the Fusaka upgrade has just landed, TPS has skyrocketed to over 100,000, Gas fees have been cut by 80%, and the L2 ecosystem has completely exploded; plus, giant whales and listed companies are still crazily increasing their holdings, with BMNR last week pouring 400 million into buying 130,000 ETH, institutional holding confidence is at an all-time high!
What's more critical is that the correlation between ETF fund inflows and ETH prices is as high as 0.79. The previous single-week net inflow of 600 million helped push ETH close to $4,800. Now that funds are continuously entering, combined with 36.2 million ETH being staked and locked, and circulation sharply reduced, the supply-demand gap is widening!
The shadow of four consecutive weeks of reductions has long since dissipated, and now institutional capital is reconfiguring. ETH is transforming from a 'crypto asset' to a mainstream financial allocation option. A target of $10,000 is no longer a dream! ~$BTC
