Since early July, the inflow of funds into spot Ethereum ETFs has exceeded that of spot Bitcoin ETFs by nearly $1.5 billion, indicating that institutional interest in ETH is rapidly increasing. The Ethereum Treasury currently holds 2.5 million ETH, with a total value of approximately $11.25 billion, further reflecting market confidence in its long-term value. At the same time, Hong Kong stock crypto ETFs have also strengthened, with Huaxia Ethereum rising over 6%. Against the backdrop of U.S. inflation data fueling interest rate cut expectations, both $BTC and $ETH have seen significant surges, with a total of $482 million liquidated in the past 24 hours, predominantly from short positions.
