A Ethereum Frenzy Emerges in the Crypto World! BlackRock's ETHA Has Continuously Attracted $507 Million Over 10 Days, Crushing Bitcoin ETF's Downtrend
The flow of funds in the crypto world has reached an epic turning point! BlockBeats' latest report shows that BlackRock's Ethereum spot ETF, after breaking the deadlock on May 22, has surprisingly entered a violent money-raising mode, with funds pouring in crazily for 10 consecutive trading days, accumulating a staggering $507 million, creating the most explosive capital siphoning myth in the crypto market this year!
What’s even more outrageous: while BlackRock's Bitcoin spot ETF faced a capital flight of $430 million on May 30, $130 million on June 2, and $130 million on June 6, ETHA has surged against the trend like a fully powered crypto printing machine, rising for 10 straight days! On one side is the bloody waterfall of the Bitcoin ETF, and on the other side is the golden frenzy of the Ethereum ETF, as real money in the crypto world plays out a tale of two cities!
The successful net inflow of $507 million in Ethereum faith is equivalent to $50 million in funds yelling every day that Ethereum is the future!
The Bitcoin ETF is facing a trust crisis: IBIT has plummeted over $690 million in just three days, as institutional investors are voting with their feet, fleeing the Bitcoin battlefield.
Is the crypto landscape about to face a turning point? Does ETH's counterattack signify the return of the Ethereum era? The flow of funds has already given the most naked answer!
Is ETHA about to replicate the miracle of the Bitcoin ETF? Is the Ethereum ecosystem about to take off? Are institutional funds abandoning Bitcoin to embrace Ethereum? This battle for capital is rewriting the power game in the crypto world!
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