Ethereum spot exchange-traded funds (ETFs) continued their robust momentum on June 12, recording a complete web influx of $112 million and recording constructive flows for 19 consecutive days.
Ethereum Spot ETFs Document $112 Million Inflows on June 12, Outperforming Bitcoin for nineteenth Day in a Row
On the identical day, Bitcoin spot ETFs recorded web inflows of $86.31 million, extending their streak for 4 consecutive days.
The most recent figures present continued investor curiosity in Ethereum-based merchandise, which have persistently outpaced Bitcoin ETFs in web inflows in current weeks.
Analysts cite rising optimism about Ethereum’s function within the decentralized finance (DeFi) house, constructive regulatory indicators, and expectations for future community upgrades because the drivers behind this development.
The robust inflows additionally mirror a broader revival of institutional crypto curiosity, with each BTC and ETH ETFs persevering with to draw capital amid comparatively steady market situations.
It’s eagerly awaited how the Bitcoin and Ethereum ETF markets can be affected following at this time’s Israel-Iran tensions.
*This isn’t funding recommendation.
