"Institutional Demand for Ethereum Spot ETF Increases"
Son Min
Summary
- It was reported that the demand for Ethereum spot ETF among institutional investors is increasing.
- This month alone, 24,7000 ETFs have flowed into the Ethereum spot ETF.
- It was stated that the demand for Ethereum spot ETF, like Bitcoin, will continue to increase.
There is a claim that the demand for Ethereum (ETH) spot ETF among institutions is increasing.
On the 28th (local time), a representative of a major crypto fund stated through X that "the demand for Ethereum spot ETF among institutional investors is increasing" and that "only this month, 24,7000 ETFs have flowed into Ethereum spot ETF." He mentioned that "the demand for Ethereum spot ETF, like Bitcoin, will continue to increase" and described it as "the altcoin season centered on institutions."
Furthermore, he added that "the X post about Ethereum also increased by 282%."
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit