"U.S. Ethereum ETF Cumulative Inflows Reach All-Time High"

JOON HYOUNG LEE

Summary

It's reported that the cumulative inflow into U.S. Ethereum (ETH) spot ETFs has reached a record high of approximately $3.33 billion.
There have been net capital inflows for 15 consecutive trading days, with cumulative inflows increasing by $820 million during this period.
J.P. Morgan analyzed that the Pectra upgrade has attracted the interest of institutional investors, enhancing Ethereum's investment appeal.

The cumulative inflow into U.S. Ethereum (ETH) spot exchange-traded funds (ETFs) has reached an all-time high.

According to The Block on the 7th (local time), as of the 6th, the total cumulative inflow for nine U.S. Ethereum spot ETFs, including BlackRock ETHA and Grayscale ETHE, amounted to approximately $3.33 billion. This is the result of Ethereum ETFs recording net capital inflows for 15 consecutive trading days. The Block reported, "The 15-day consecutive net inflow period is the longest since early December last year," adding that "during these 15 trading days, cumulative inflows increased by $820 million."

It is analyzed that last month's Pectra upgrade was a key factor behind the influx of funds into Ethereum ETFs. J.P. Morgan stated, "The Pectra upgrade has significantly attracted the attention of institutional investors," adding, "Ethereum is showing a trend similar to Bitcoin, which boosted its investment appeal by attracting institutional participation."

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