šø On July 16, U.S. spotĀ #Ethereum ETFs recorded inflows ofĀ $726.7M - the highest since their launch. In July alone, ETH-based funds have attracted overĀ $2.27B.
ā Top inflows included:
ā½ETHA -Ā $499.25M
ā½FETH -Ā $113.31M
ā½ETH -Ā $54.18M
ā½ETHE -Ā $33.04M
Bitcoin ETFs also maintained positive momentum, drawingĀ $799.4M that day, with IBIT leading atĀ $763.9M š
š„µ Wintermute CEO Evgeny Gaevoy noted there's almost noĀ $ETH left available for sale on their OTC platform - an unmistakable sign of rising demand.
From my perspective, this trend signals growing institutional confidence in Ethereum's long-term potential and a maturing market that's moving beyond speculation toward sustained growth.