U.S. spot Ethereum ETFs just witnessed their biggest single-day inflow since launch with a staggering $726.6 million pouring in on July 16.
This milestone signals rising institutional interest in Ethereum and growing confidence in its long-term value proposition. As ETH breaks past key resistance levels, the ETF surge could further accelerate price discovery and solidify ETH’s role as a blue-chip crypto asset.
All eyes now on whether this trend continues and how Bitcoin ETFs will respond.
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