ETH Spot ETF Attracts $500 Million, Are Giants Pressuring It?

The ETH spot ETF has been incredibly strong this week, with a net inflow of $528 million. All 9 ETFs have stayed put, fully pressured, with no one escaping.

The most aggressive is BlackRock (ETHA), which has absorbed $381 million, accumulating $5.24 billion in total, making it the whale among whales in the ETF space; Fidelity (FETH) follows closely with a weekly inflow of $78.49 million, totaling $1.59 billion. Currently, the total net asset value of all ETH spot ETFs has surpassed $10 billion, accounting for 3.26% of the total market cap of the second-largest cryptocurrency.

The signal released behind this is very clear: major investors are treating the second-largest cryptocurrency as a 'digital NASDAQ' for allocation.

Don't just focus on Bitcoin; funds are quietly shifting towards the new narrative center. This wave of ETH might not just be simple ETF speculation, but a true migration of capital distribution rights.

What do you think, is this round of ETH the eve of a major rise or a prelude to institutional repositioning and harvesting? Let's continue the discussion in the comments.

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